$600 Profit
TRVLong Option

Entry comments: Bought this insurance ticker for puts near the money, anticipating downside due to the California wildfires and negative PR this afternoon. Tomorrow the stock market is off for President Carter's funeral; anticipating investors will digest the news over the day off and sell off on Friday, particularly if the market continues its downside (and especially due that Biden is banning NVDA from exporting chips to China...more downside expected). Goal is $235 or less in the commons.
Exit comments: Wanted to be patient and sell this much lower, but the ticker started spiking at the bell so I took safe profits. Coulda should woulda....
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 1/8/2025 | 2.24 |
| Exit | 1/10/2025 | 4.24 |
- Total Views29
- Position Size3
- Percentage89.29%
- Option TypePUT
- Strike240.0
- Expiration1/17/2025
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