Entry comments: Another over extended chart play. 2 day RSI is pegged and my own indicator is signaling a drop in price. I bought the 02/17/2023 $485 put and I sold the 02/17/2023 $480 put for $200. My max gain on this one is $300. I'm anticipating this stock going down.
Exit comments: This was a shitty trade. I broke my rules and did not stick to my plan. This was a losing trade that I saved the loss by closing the long Put first and then let the short put ride till I was in the green and then closed with a small profit. I do not advise doing this it is way to risky.