My thesis was accurate but the spread was to wide. I had to exit this trade half of the long side first. Took that $16 profit. Then was trying to exit the short side but could not get out. I did not want to have the exposure overnight of the short put so I took the loss. Better off safe with a small loss than have exposure to a disaster. a vertical put debit spread.35/40
$19 Profit
EDUShort Stock
9/29/2022 china alert to buy a few days ago, daily extended, short attempt for overnight 2:36 PM - EDU short 24.90 half size 50 shares risk hod for now 3:30 PM - added 25.06, avg 75 shares 24.9566 3:44 PM - added 25.15, avg 25.005, playing off hod, spy strong may cut soon 3:53 PM - cut 25.13, market recovered and don’t want to swing this
-$144 Loss
EDUShort Stock
-$125 Loss
EDUShort Stock
$164 Profit
EDUShort Stock
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Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.