Shared by
ephraim_elston
LONG OPTION SWING - building into a bullish SPY call position... expecting a bounce up to the 255/260 area.... if the market does start to bounce ... I might consider closing out my long calls and/or just selling some 265 calls to form a naked short call or a vertical call spread at a better net price. Selling the 265 call at the current price is almost pointless.
Poor trade management - did't stick to my plan of being patient and looking for opportunities to add to my position.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-12-21 15:54:44 | JAN11 19 260 CALL | buy | $0.5500 | long |
| 2018-12-21 15:57:24 | JAN11 19 260 CALL | buy | $0.5400 | long |
| 2018-12-24 12:51:41 | JAN16 19 260 CALL | buy | $0.4100 | long |
| 2018-12-27 16:34:41 | JAN11 19 260 CALL | sell | $0.7700 | 0 |
| 2018-12-27 16:36:30 | JAN16 19 260 CALL | sell | $0.6600 | 0 |
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