$79 Profit
SPYLong Option
PREETrading

Trade #3 of exercise: Identified the recent high and low of the 60min chart ($610.99 and $598.22 respectively). Waited for a higher low to form, used as risk and got calls for potential new all time highs. Took profits when it made new highs, topping at around the ~$613.20s and then started rolling over towards the market close. With that intraday move, it can either gap up massively or gap down in a sharp way and screw me over. Don't need that overnight risk.

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Broker:ETrade
DatePrice
Entry2/19/20259.08
Exit2/19/20259.88
  • Total Views53
  • Position Size1
  • Percentage8.81%
  • Option TypeCALL
  • Strike608.0
  • Expiration3/7/2025
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