
Entry comments: 3 month out Put contract on CVNA. I know I tried this once before and lost but I think the time has come to try again. Only 1 contract starter and only willing to add one contract around $2. 2 contracts total for this trade. Keeping it small because I already had a several hundred dollar loss trying this a few months ago. This time it will be $500 risk, letting it ride until the stock price hits $20 or the contract nears expiration.
Exit comments: I bought and sold at several points across the past few weeks so I had to calculate the numbers a bit. Today I meant to sell 2 more contracts but closed the last 4. I'll definitely be adding more puts into the next dead cat bounce. And I covered a lot of my short position today around 34 but still holding 75 shares and will add into the next dead cat on those also.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.

