$420 Profit
TWLOLong Option
AlfonsoGarcia

33.33% gain. Bad, emotional trade. I did not take my average gain near my goal. Instead I set a limit order a bit further up and let it run. It almost cost me a loss. The price took a long time to pop above $250 convincingly, and it could have broken down when the SPY had that hiccup. When in doubt, get out!

000
DatePrice
Entry8/18/20201.80
Exit8/18/20202.40
  • Total Views303
  • Position Size7
  • Percentage33.33%
  • Option TypeCALL
  • Strike257.5
  • Expiration8/21/2020
Proof
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