-$1,650 Loss
BOILLong Option

3/3: taking some 3/13 call options for 22 price target. Very possible in 2 weeks with an average ATR at 2.2. Stock price very undervalued. Would like to see uptrend on stock continue, stay over 19 possibly 20 today. Had to cut for bigger loss than planned. Position size in conjunction with entry spot and overall momentum of sector missing, options are more risky and lead to big rewards and also bigger losses. Need to take this as a lesson for discipline.
Newsletters:TimChallenge
Broker:ETrade
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| Date | Price | |
|---|---|---|
| Entry | 3/3/2026 | 0.80 |
| Exit | 3/4/2026 | 0.25 |
- Total Views2
- Position Size30
- Percentage-68.75%
- Option TypeCALL
- Strike22.0
- Expiration3/13/2026
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