-$100 Loss
MBLYLong Option
bdavidotr

Bought this in 3 stages thinking that if I keep averaging down, I will eventually get a good buy in entry and then when it pops I can make a profit. However, it kept down trending. I sold 2 contracts on a pop at .7 thinking this could get to .8 and I'll sell the other two. However, it just kept going down and sold the final 2 at .15 for the total loss and average.

000

Newsletters:BioRunUp
Broker:Robinhood
DatePrice
Entry9/5/20250.675
Exit9/29/20250.425
  • Total Views12
  • Position Size4
  • Percentage-37.04%
  • Option TypeCALL
  • Strike15.0
  • Expiration10/3/2025
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