-$828 Loss
ULong Option
gemtrades

Entry comments: Been following this one for a while and it sold off including a rapid 10% drop today. Grabbed call options looking for a bounce early next week.

Exit comments: Lesson learned. I got crushed on this one for not cutting losses quickly when the trade didn't do what I expected. I kept hanging on through red days. Earnings are next Wednesday, but I don't want to guess what is going to happen. I should have cut this one after 48 hours. UPDATE: The stock rebounded ahead of earnings and I would have trimmed my loss significantly if I had held on.

000

Newsletters:TimChallenge
Broker:Fidelity
DatePrice
Entry1/30/20263.16
Exit2/6/20260.40
  • Total Views33
  • Position Size3
  • Percentage-87.34%
  • Option TypeCALL
  • Strike30.0
  • Expiration2/13/2026
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