$820 Profit
SPYLong Option
decided to buy puts for this trade as it had formed a rising wedge on the daily chart. bought @ 6:44 am watched as spy kept going up a little. then it formed a rising wedge by midday and crashed all the way to the end of the trading day. closed my position before market closed. the following day it had opened lower.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 3/1/2018 | 2.70 |
| Exit | 3/1/2018 | 3.75 |
- Total Views111
- Position Size8
- Percentage38.89%
- Option TypePUT
- Strike270.0
- Expiration3/9/2018
Proof
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