-$138 Loss
SPYLong Option

Trade #4 of exercise: Identified the recent high and low of the 60min chart ($613.22 and $598.22 respectively). Waited for a higher low to form, used as risk and got calls for potential retest of recent all time highs. It retested $611ish in premarket but it couldn't hold it gains at market open. Cut it when the intraday downtrend was evident to me. GREAT CUT, as I could've lost way more if I was stubborn :)
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 2/20/2025 | 8.22 |
| Exit | 2/21/2025 | 6.85 |
- Total Views25
- Position Size1
- Percentage-16.67%
- Option TypeCALL
- Strike607.0
- Expiration3/7/2025
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only: