-$290 Loss
OXYLong Option
Kokopelli

Entry comments: Taking another shot at this Warren Buffet Oil/Gas play on a pullback to the breakout level on a significant dump in the markets. Most the dump on Tech and shiny objects; this has potential, especially with Trump in office and negotiations with Russia and Ukraine ongoing. Goal is commons back to $50.

Exit comments: Ugly loss on this one. Had a sell set, which was close to executing, but I was in a meeting and didn't get the opportunity to cut it for a smaller profit. Was patient at 48.50, but Trump's tariffs announcement caused selling pressure. Just cut it...not wanting to fuck around and find out tomorrow.

000

Newsletters:TimChallenge
Broker:Fidelity
DatePrice
Entry2/25/20251.00
Exit2/26/20250.71
  • Total Views37
  • Position Size10
  • Percentage-29%
  • Option TypeCALL
  • Strike50.0
  • Expiration3/21/2025
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