-$8 Loss
POETLong Option
TraderCarlos

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.

000

Broker:Schwab
DatePrice
Entry5/12/20260.23
Exit5/13/20260.15
  • Total Views1
  • Position Size1
  • Percentage-34.78%
  • Option TypePUT
  • Strike11.5
  • Expiration5/15/2026
Proof
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