Entry comments: Initiating a position on a bounce from its lows. News PR on this insurance company having substantial losses from revenue due to the California Wildfires. Believe this one has another dump in its future. But I won't be too patient if this doesn't play out.

Exit comments: Luckily I closed 4 of the contract just before the earnings release which minimized my losses; earnings were good and it spiked. Was hoping for a pullback and breakdown eventually since I had time on these contracts. But it's just been hanging out above $140 so I cut on Friday.