$170 Profit
SHWShort Option

Original trade was a Put credit spread on 4/5, added the Call credit to create an IC on 4/25 after the stock had a decent selloff. Reduced risk by $100. Stock had a nice rebound the last week before expiration and hovering around the full profit window of $380-390. Hit my 50% target on Thurs. Closed right in the range on Friday, but happy with getting a profit as it could have easily went outside on the range and been a loss as well. SHW MAY 2018 PCS 1 370 380 390 400
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| Date | Price | |
|---|---|---|
| Entry | 4/5/2018 | 3.40 |
| Exit | 5/17/2018 | 1.70 |
- Total Views188
- Position Size1
- Percentage50%
- Option TypeCALL
- Strike
- Expiration5/18/2018
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