-$138 Loss
SPYLong Option
PREETrading

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 :)

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Broker:ETrade
DatePrice
Entry2/20/20258.22
Exit2/21/20256.85
  • Total Views25
  • Position Size1
  • Percentage-16.67%
  • Option TypeCALL
  • Strike607.0
  • Expiration3/7/2025
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