-$85 Loss
UVXYLong Option
krulldaddy

Entry comments: Micro speculative all-or-nothing option. Betting on market strength to close out the week on positive news, which should drive this reverse index fund lower. Goal is to sell in the money tomorrow, even if it's tiny green.

Exit comments: Kept entry size small, which is the silver lining here. I learned more about puts with this trade. Acceptable loss.

000

Newsletters:TimChallenge
Broker:ETrade
DatePrice
Entry4/15/20210.06
Exit4/16/20210.01
  • Total Views6
  • Position Size17
  • Percentage-83.33%
  • Option TypePUT
  • Strike4.5
  • Expiration4/16/2021
Proof
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