Bernie1Jul 23, 20 4:15 AM
What’s null expiration weekend at bernies
-$1,715 Loss
TSLALong Option
Entry comments: Earnings play. With good news, rise of EV cars, China plant/sales, and SpaceX, I was thinking earnings and guidance might be good. After market, posted surprise earnings beat. Initial dip aftermarket, but starting to rise. Will see tomorrow. Closing trade tomorrow also avoids day trade.
Exit comments: Full loss. Frustrating. All good news - good earnings with surprise beat, but general market environment caused price to go down. Still not entirely sure why. Was risky trade anyway with same-week expiration. The only "saving grace" was my day trade yesterday on MIST almost entirely offset this loss.
Broker:ThinkOrSwim
| Date | Price | |
|---|---|---|
| Entry | 7/22/2020 | 17.15 |
| Exit | 7/24/2020 | 0.00 |
- Total Views149
- Position Size1
- Percentage-100%
- Option TypeCALL
- Strike2000.0
- Expiration
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marvster2020Jul 23, 20 7:04 AM
JUL 24
marvster2020Jul 23, 20 3:52 PM
All good news, but price crashed. maybe price and volatility baked in. Option basically worthless. I see a squeeze forming end of day. Will leave and see what happens Friday. Most likely loss due to time decay.
