Shared by
Jet_Capital
One of my best Options trade. The momentum push was just well overdue on this particular stock. I have been watching this stock for quite some time. I knew that it was going to go down for just a bit so I decided to place some buy Puts on this stock. Could have taken $1200 but walked out at $700. I thought that it was going to run a little more so I decided to hold on. This stock needs more volume though so we can get out at a better price.
Price dropped after the momentum run so I did a good job exiting overall.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-20 09:46:37 | 20 NOV 20 2 CALL | buy | $0.6200 | long |
| 2020-10-20 14:30:56 | 30 OCT 20 2 CALL | buy | $0.4900 | long |
| 2020-10-20 14:30:56 | 30 OCT 20 2 CALL | buy | $0.4900 | long |
| 2020-10-20 14:30:56 | 30 OCT 20 2 CALL | buy | $0.4900 | long |
| 2020-10-23 13:07:06 | 30 OCT 20 2 CALL | sell | $0.8800 | long |
| 2020-10-23 13:07:06 | 30 OCT 20 2 CALL | sell | $0.8800 | 0 |
| 2020-10-23 13:07:27 | 20 NOV 20 2 CALL | sell | $0.9200 | 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!