-$140 Loss
SPYLong Option

$100 account challenge. I entered as it was breaking the morning range. it proceeded to chop sideways with in the morning range after entry. Instead of just exiting I averaged down on a bounce near the morning lows. Holding it into work it blew through my stop loss. Luckily this time I had backup alerts and caught it with some value left. Still a massive loss. I should have exited after 30 minutes not doing what I want.
Newsletters:TimChallengeTimAlertsPennystocking Silver
Broker:Robinhood
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| Date | Price | |
|---|---|---|
| Entry | 6/17/2025 | 0.12 |
| Exit | 6/17/2025 | 0.05 |
- Total Views32
- Position Size20
- Percentage-58.33%
- Option TypeCALL
- Strike604.0
- Expiration6/17/2025
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