$1,600 Profit
MDVLLong Option
MDVL gapped up on 4/08/22 (from $1.37 to $2.20 on positive news) and I took a short PUT position while the stock was $2.20. My chart stated it should fall to around $1.20 or so. I sold my position when the stock was $1.45. I might have left some on the table over the next few days. But the volume has really dried up and there's nothing wrong with taking a $1,600 gain!
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 4/8/2022 | 0.78 |
| Exit | 4/13/2022 | 1.10 |
- Total Views34
- Position Size50
- Percentage41.03%
- Option TypePUT
- Strike2.5
- Expiration5/20/2022
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