$177 Profit
PGLong Option
Entry comments: Took a position against PG; it was an earnings "winner" but the guidance came in weak. Currently at resistance and a double top. Am anticipating a return to the mean and potential bottom of the downtrend line. IF RFK Jr is confirmed, there could be additional negative sentiment towards P&G.
Exit comments: Took the gap down. Too much economic data coming out this week. Taking gains.
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 2/6/2025 | 3.53 |
| Exit | 2/10/2025 | 4.12 |
- Total Views25
- Position Size3
- Percentage16.71%
- Option TypePUT
- Strike170.0
- Expiration3/21/2025
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