
Took a put. Risk is for the ticker to go above $15.5, which will make the value of the put to decrease substantially. I am looking for a retracement of the semiconductor sector before Friday. Also POET has a history of deathly gap downs. Exited because it held the $13 level. I would have stayed patient if it made new lows and closed weak but no need to play guessing games here. Small loss.
Broker:Schwab
| Date | Price | |
|---|---|---|
| Entry | 5/12/2026 | 0.23 |
| Exit | 5/13/2026 | 0.15 |
- Total Views1
- Position Size1
- Percentage-34.78%
- Option TypePUT
- Strike11.5
- Expiration5/15/2026
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