Entry comments: Adding to STNG position going into earnings. Tankers have held well over the last few days and weeks.
Exit comments: Tired of the tankers not moving
Entry comments: Improving my cost basis on STNG
Exit comments: tired of tankers not moving
Entry comments: STNG strong heading into earnings.
Exit comments: bleh
Entry comments: Company president recently bought a ton of call options with strikes of $55 & $60 for this expiration date.
Exit comments: Tried something new. Could work out, but I don’t think I want to try these longer term swing option trades. I don’t have the appetite for the downward swings. I had made good money on the day and still ended slightly green. I need to stick with what is working.
The only thing scarier than a halt down is a broker refusing to cooperate while you try to get out. I was lucky the stock climbed back up to the open so I took a relatively small loss. I should have checked the chat room on this top% stock, I've seen people thinking it'd go down and maybe I'dve seen it too.
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