-$1,284 Loss
CSCOLong Option
Entry comments: In TD CAD Margin acct. Cisco, popped up and losing upward momentum. It jumped nearly 22% from $22. This upward momentum is unsustainable, that is why moving in here with 4 PUTs at current price.
Exit comments: Rally after BREXIT and after election TRUMP has put CSCO way up, out of the money. Closing with a loss.
| Date | Price | |
|---|---|---|
| Entry | 2/17/2016 | 3.34 |
| Exit | 12/4/2016 | 0.13 |
- Total Views302
- Position Size4
- Percentage-96.11%
- Option TypeCALL
- Strike27.0
- Expiration1/20/2017
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