$55 Profit
AMCLong Option
I've been salivating over AMC the past few days. Stuck in a wedge pattern for forever, waiting for it to decide what to do. Started breaking down in the afternoon, decided to play a put when it broke 54. Hit a new low of day, decided to swing if it didn't break thru the 20 SMA, but the apes returned, so I got out, protecting my gains.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 7/1/2021 | 2.42 |
| Exit | 7/1/2021 | 2.98 |
- Total Views36
- Position Size1
- Percentage23.14%
- Option TypePUT
- Strike50.0
- Expiration7/9/2021
Proof
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