-$140 Loss
CTRPLong Option

Wanted to trade these earnings a little bit different from the way that everyone I've been learning from has said. :( I decided to go long 2 calls seeing how almost all analysts were suggesting to buy CTRP. I figured I would buy two ATM calls and even with the IV crush, with positive earnings, I could profit. However, that was not the case and bad earnings were presented and CTRP dropped a little. Not to upset just keeps instilling the fact that these teachers are teachers for a reason.
| Date | Price | |
|---|---|---|
| Entry | 9/9/2019 | 1.55 |
| Exit | 9/10/2019 | 0.85 |
- Total Views108
- Position Size2
- Percentage-45.16%
- Option TypeCALL
- Strike35.0
- Expiration9/13/2019
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