$663 Profit
ALTShort Option
AKwildlife

Had 10 contracts $5 calls short on the big spike day with $5.50 B/E. Huge runner in the Fall but float was 2x larger than the last time and had a significant # of warrants @ $5.40 from the last price killing offering. Next AM was gapping down small then 9pm dropped an offering and stock tanked. Added the 9 contract @$.20 as it was only around 10 days from Op Ex. Killed the avg but added $180 in profits. Stock never got above $3.50

000

Newsletters:TimChallenge
Broker:ETrade
DatePrice
Entry3/7/20190.3489
Exit3/17/20190.00
  • Total Views49
  • Position Size19
  • Percentage100%
  • Option TypeCALL
  • Strike5.0
  • Expiration3/15/2019
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