-$287 Loss
COSTLong Option
Dancemyth721

Upsetting trade. COST down fat today with poor $W and $TGT earnings, so all retail down. I was patient w/ this, and looked at longterm support. Entered around 8:30am with volume. Bought starter position calls for bounce. Was up 100% when it was tapping on $440 price from $428. 1st mistake: didn't sell 1/2 there. Moved risk to consolidation at $434 (entry was $429, risking LOD @ $428). Added at $434: 2nd mistake adding when moving wrong direction. Hard day for calls. Had to be quick & not greedy

000
DatePrice
Entry5/18/20222.50
Exit5/18/20222.09
  • Total Views42
  • Position Size7
  • Percentage-16.4%
  • Option TypeCALL
  • Strike450.0
  • Expiration5/20/2022

Charts

Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Join now or log in to leave a comment