-$86 Loss
GLDLong Option
rleyshon

GLD was rallying big time, went supernova, showing signs of topping. Started to break down and then surged back up to 400 so I cut it. Unfortunately I should have let it sit for one more day because it dropped downm to the 380s the next day. I was right, the top was in, I was just a day early. Lesson in when to hold, conviction and data supported it.

000
DatePrice
Entry10/20/20252.18
Exit10/20/20251.32
  • Total Views17
  • Position Size1
  • Percentage-39.45%
  • Option TypePUT
  • Strike355.0
  • Expiration11/21/2025
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