$55 Profit
ADBEShort Option

Shouldn't have done this one. This is just old, bad habits popping back up. 1) I had to do this as a spread because I didn't have enough margin in my account. 2) It also means if it was put to me I'd have to use leverage and turn it into a swing trade. I'm trying not to use leverage. These options typically expire right on a strike. I figured it would end at 585. There were 3 levels of resistance above 580 and it was above VWAP of 583. I planned to close the position if the stock fell below VWAP
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 12/15/2023 | 0.55 |
| Exit | 12/15/2023 | 0.00 |
- Total Views67
- Position Size1
- Percentage100%
- Option TypePUT
- Strike580.0
- Expiration12/15/2023
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