Shared by
skipjackrick
+$852. A short position that turned funky. averaged it down by converting to a back ratio. Once SPY faded and broke support I took off the short calls and then let her fade just enough to suck some cash out. Should have held for $204 but position was too big.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-11 10:36:00 | DEC12 14 205 PUT | buy | $0.5200 | long |
| 2014-12-11 11:21:00 | DEC12 14 205 PUT | buy | $0.4600 | long |
| 2014-12-11 11:34:00 | DEC12 14 206.50 PUT | sell | $1.000 | short |
| 2014-12-11 14:20:00 | DEC12 14 206.50 PUT | buy | $1.550 | 0 |
| 2014-12-11 14:31:00 | DEC12 14 205 PUT | sell | $0.8700 | long |
| 2014-12-11 14:31:00 | DEC12 14 205 PUT | sell | $0.8700 | long |
| 2014-12-11 14:31:00 | DEC12 14 205 PUT | sell | $0.8700 | long |
| 2014-12-11 14:31:00 | DEC12 14 205 PUT | sell | $0.8700 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!