$5 Profit
NYMTLong Option
ACRE

I have been watching this stock for several years, and I felt that it was undervalued from pre pandemic levels. I bought the LEAP because I felt that this would be certain to make money and would cover several future earnings calls. I got impatient. After a small bump for earnings in May, I sold this for a very small gain. This ended up going to $1.75 a couple of weeks later so I left a lot on the table. Trading small to test strategies.

000

DatePrice
Entry5/20/20200.60
Exit5/26/20200.65
  • Total Views87
  • Position Size1
  • Percentage8.33%
  • Option TypeCALL
  • Strike2.5
  • Expiration1/15/2021
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