
Entry comments: My call option has increased quite nicely just shy of 30%. I am buying this put option to help protect my profit, in this volatile market. Should energy stocks tank, this will ensure that I don't lose all my gains.
Exit comments: This put option was bought when my call option was up about 25%. At one point, it was up 50%, but I left it too long and yesterday the price dropped. I would have had more of a loss if not for this put option. A net 97USD profit entry and exit prices were CDN. Glad I made a profit on my first Cdn stock trade, on the TSE
Broker:Questrade
| Date | Price | |
|---|---|---|
| Entry | 5/6/2022 | 0.98 |
| Exit | 5/19/2022 | 0.14 |
- Total Views34
- Position Size1
- Percentage85.71%
- Option TypePUT
- Strike26.0
- Expiration5/20/2022
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