-$44 Loss
BACLong Option
LibertyBelle

Entry comments: Dark pool experiment. Still under bearish level and weak closing. Looking for more breakdown and hopefully a gap down on Monday. I kept position small at 2 contracts expiring next week for $74, just in case it doesn't work out.

Exit comments: BAC gapped up, so it didn't do what I wanted. Rather than hold and hope the rest of the week, I waited for weakness at open to sell. Markets opened green too, another bad sign that third red day wasn't going to happen for this one.

2
210

Broker:ETrade
DatePrice
Entry2/26/20210.37
Exit3/1/20210.16
  • Total Views51
  • Position Size2
  • Percentage-56.76%
  • Option TypePUT
  • Strike34.0
  • Expiration3/5/2021
Proof
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StefanSchwarz13
1
StefanSchwarz13Mar 01, 10:41 AM

Stinks that it didn't go in the direction you were looking for. But good to get out with a small loss.

LibertyBelle
LibertyBelleMar 01, 11:03 AM

Yep! Thankful I kept the position small.

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