-$748 Loss
BABALong Option
Entry comments: In VirtBrok acct. BABA looks to be topping out on the weekly charts, entering here with a safe 1 PUT contracts, let's see where this ends up in a month or two.
Exit comments: Both BREXIT rally since June 27 and TRUMP rally on Nov.8 shot stocks up greatly against all short positions. Out here with 96% loss on this 1 contract. Taking losses all part of the game.
| Date | Price | |
|---|---|---|
| Entry | 4/27/2016 | 7.80 |
| Exit | 12/4/2016 | 0.32 |
- Total Views204
- Position Size1
- Percentage-95.9%
- Option TypePUT
- Strike77.5
- Expiration1/20/2017
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