$220 Profit
HYGLong Option
Entry comments: Bought this ETF for more downside with more tariffs levied against China tonight at mid-night. Doesn't sound like there will be a negotiation on this one....let this crash and burn.
Exit comments: Closed these puts on the open...the SPY was already bouncing. Looks like a "Sell the Rumor" "Buy the News" event with the China Tariffs.
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 4/8/2025 | 1.74 |
| Exit | 4/9/2025 | 1.96 |
- Total Views25
- Position Size10
- Percentage12.64%
- Option TypePUT
- Strike75.0
- Expiration6/20/2025
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