-$73 Loss
KSULong Option
AlfonsoGarcia

Stupid loss, rookie mistake. The pattern was all there, but the options sucked, big spread between the BID and the ASK. Still, managed to get a pretty good entry only to realize my contract made the daily volume exactly 1. Got out shortly after, when I saw this was not going anywhere and really, it was not worth the risk. I had a solid plan, but the options were not good. Remember to always look at that.

000
DatePrice
Entry5/11/20203.38
Exit5/11/20202.65
  • Total Views143
  • Position Size1
  • Percentage-21.6%
  • Option TypeCALL
  • Strike136.0
  • Expiration5/22/2020
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