-$1,184 Loss
PUTLong Option
pianoman1844

Trade#14 of new strategy. Goofed up this trade on three fronts! Ouch! First mistake was letting myself be distracted. I was looking at the profit.ly chatroom and missed a $6 move I had been waiting for--the whole thing in about 5 minutes! Second, I bought puts. I wasn't thinking straight in such a bullish day for Amazon. I wouldn't be able to hold longer if trade went against, and it did. Third, poor risk managment. I had my chance to get out break even and then again at 450. Passed over both.

00

Broker:TradeKing
DatePrice
Entry4/4/20171.40
Exit4/4/20170.68
  • Total Views135
  • Position Size16
  • Percentage-51.43%
  • Option TypePUT
  • Strike880.0
  • Expiration4/7/2017
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