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Shared by
AofP2017

 

DPZ

Jul 25, 2019 15:21


Shares traded: 200
Options traded: 4
Closed Gross P&L: $1058.00
Gross Return: 2.39R

Tags:

Bear Put Bear Rally Maverick Max Gain

Daily Setup:
Price dropped to 245 after earnings and has rallied to the 200sma. At the time of entry, today's candle was a bearish engulfing candle.
Stop:
Positioned sized for max loss
Target:
245 - Prior low
Reason to exit:
I was assigned shares at the 245 price, due to being short the 245 put. However, my long 260 put expired in the money and they will be taken at 260.
Position expired via same day substitution.
Mistakes &/Or Concerns
None


Execution detail:

Date/time Symbol Qty Price Position
2019-07-25 15:21:55 AUG16 19 245 PUT -1 $1.600 -1
2019-07-25 15:21:55 AUG16 19 260 PUT 1 $6.020 1
2019-08-15 16:20:00 DPZ 100 $245.000 100
2019-08-15 16:20:00 AUG16 19 245 PUT 1 $0.0000 0
2019-08-16 16:20:00 DPZ -100 $260.000 0
2019-08-16 16:20:00 AUG16 19 260 PUT -1 $0.0000 0


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