-$337 Loss
SPYLong Option
Trade #5 of exercise: Identified the recent high and low of the 60min chart ($613ish and $549ish respectively). Waited for a higher low to form, used as risk and got calls to trade onto the next resistance area (~$575). Cut it when it couldn't reclaim the intraday R2G area. Won't take the overnight risk if it is this weak intraday. GREAT CUT as the SPY has been in free fall since then...
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 3/20/2025 | 10.76 |
| Exit | 3/20/2025 | 7.40 |
- Total Views17
- Position Size1
- Percentage-31.23%
- Option TypeCALL
- Strike562.0
- Expiration3/28/2025
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