$531 Profit
CVNALong Option
GloryHullFishCo

Entry comments: 3 month out Put contract on CVNA. I know I tried this once before and lost but I think the time has come to try again. Only 1 contract starter and only willing to add one contract around $2. 2 contracts total for this trade. Keeping it small because I already had a several hundred dollar loss trying this a few months ago. This time it will be $500 risk, letting it ride until the stock price hits $20 or the contract nears expiration.

Exit comments: I bought and sold at several points across the past few weeks so I had to calculate the numbers a bit. Today I meant to sell 2 more contracts but closed the last 4. I'll definitely be adding more puts into the next dead cat bounce. And I covered a lot of my short position today around 34 but still holding 75 shares and will add into the next dead cat on those also.

000

DatePrice
Entry8/28/20232.07375
Exit10/12/20232.7375
  • Total Views51
  • Position Size8
  • Percentage32.01%
  • Option TypeCALL
  • Strike30.0
  • Expiration11/17/2023
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