TOOK A SMALL POSITION ON THIS OPTION. MADE A SINGLE SO ...
Trade Source: Money Calendar Pro Trade Type: Red (Put) Expections: High ROI near 50% gains Entry: B2O OIH Aug 16 14 P; Limit: $0.60; GTC ACTUAL: 8 @ $0.35 Exit: S2C OIH Aug 16 14 P; Trigger: 50% Gain Outcome: Hit my exit at $0.61 pocketing a nice $183 (+63% Gain) Review: This was an excellent trade that couldn't really have gone any better.
Opened in April and rolled from May to June then adjusted during this at least once maybe twice during thetrade cycle. Kept working it and got out for a scratch ($34 in commissions) but better than a $1K loss, which was where this position was sitting after the huge move up in OIH in a short period of time. Tastyworks Account - OIH JUN 2018 IB 3 23 26 25 30
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