-$770 Loss
NEELong Option
Kokopelli

Entry comments: Bought this Wind Mill Energy ticker for downside on more Trump news of disparaging the sector and that his administration will not support this energy device. "No subsidies" = no profit and downside. Overall pattern is already "lower highs, lower lows." Goal is to sell at $67 for the underlying stock.

Exit comments: Quick drop to breakeven at the bell; no worries...then spiked. I did the ultimate no-no and averaged down. Then it spiked some more. Waited patiently throughout the day for a dip down to VWAP...definitely overextended. But it hung out at highs all fucking day and depreciated way too much. Even with markets dumping. Late in the day Blackbox Stocks showed darkpools stepped in with large sums of money holding it up from midday. WORST trade in months. Horrible Risk Management. Way too large

000

Newsletters:TimChallenge
Broker:Fidelity
DatePrice
Entry1/15/20251.65
Exit1/16/20250.95
  • Total Views28
  • Position Size11
  • Percentage-42.42%
  • Option TypePUT
  • Strike70.0
  • Expiration1/24/2025
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