$30 Profit
HTZLong Option
Entry comments: Looking for an all day fade and into tomorrow. Would like to sell into a gap down tomorrow morning. Will sell today if goals are met around $2.00 a share.
Exit comments: This actually gapped up. Nice morning fade. I tried to be as patient as possible but there was big support at $2.05 so I just took my small profit and got out. It definitely has way more downside but slow fading doesn't raise the put prices much on these low priced plays. I will be putting my focus back to higher priced, more volatile plays.
Newsletters:TimChallengePennystocking Silver
Broker:ETrade
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Date | Price | |
---|---|---|
Entry | 10/19/2020 | 0.52 |
Exit | 10/20/2020 | 0.58 |
- Total Views37
- Position Size5
- Percentage11.54%
- Option TypePUT
- Strike2.5
- Expiration10/23/2020
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