-$460 Loss
CMGShort Option

This is the upper (shorted) strike of the put (lower) portion of an Iron Condor for CMG at 472.5/477.5/495/500 strikes with an expiration of 5/26/2017. I closed the 477.5 portion and opened the 475 strike when CMG moved too far down destroying most of the profit in the trade. Again I closed too early, CMG went back up into the out of the money zone.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 5/19/2017 | 2.37 |
| Exit | 5/24/2017 | 4.62 |
- Total Views72
- Position Size2
- Percentage-94.94%
- Option TypeCALL
- Strike477.5
- Expiration5/19/2017
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