Right play, wrong execution--hate when I do that! BOT 100 $15C options for .25 last Friday to HON with $2500 risk and $10000 reward. Did not break out as aggressive as it looked like it could on Monday or tue, but wed it moved nice. All along I could've gotten out with $500 profit, BUT that was not what I was seeing. Since it expires tomorrow, I went ahead and placed the sell order for what I thought was .30 in case a quick run and reversal and just take the $500ish win (which it did), the problem was I put the sell in at .20!!! so a fatfinger, lazy, no-excuses mistake cost me. Tim says focus on 1 or 2 at time, which I NORMALLY do. Focused Execution tends to win, not lazy unfocused.
Posted Apr 19, 18 10:20 AMbyCandlestick
Categories
Basics, Call Options
Tickers
CLDR
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