$144 Profit
QCOMLong Option

This was another test of piggybacking on unusual option volume. Clearly a successful trade with the largest % gain with this strategy so far. I closed too soon (recurring problem/theme), but I believe this was the right move given the limited amount of time left to expiration. However, this option is now worth $6.50 vs. my close price of $2.06. Left money on the table but still made a profit. More importantly, continued proving my strategy.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 6/2/2020 | 0.62 |
| Exit | 6/3/2020 | 2.06 |
- Total Views79
- Position Size1
- Percentage232.26%
- Option TypeCALL
- Strike85.0
- Expiration6/12/2020
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