-$71 Loss
CVE.TOShort Option
doc8ball

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

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Broker:Questrade
DatePrice
Entry5/6/20220.98
Exit5/19/20220.14
  • Total Views34
  • Position Size1
  • Percentage85.71%
  • Option TypePUT
  • Strike26.0
  • Expiration5/20/2022
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