-$475 Loss
PTENLong Option

Entry comments: Buying a second option chain for this oil drilling company; same thesis as last time. I think we'll have a rally in oil in the coming months; hoping sooner than later. Got lucky with that crazy rally. Whether we get a rally from a China negotiation or not, oil should be getting a push soon, especially at this level.
Exit comments: I shoulda tried harder to get out when this popped early on...interesting that in over 3 months this gas drilling ticker could climb higher than at most a buck. Blah...I deserved this loss.
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 4/11/2025 | 0.19 |
| Exit | 8/18/2025 | 0.00 |
- Total Views30
- Position Size25
- Percentage-100%
- Option TypeCALL
- Strike8.0
- Expiration8/15/2025
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