Went up too fast and very close to the Feb. top, could form a double top.
The volume is also too big, sign of exhaustion.
Bought April $7.5 put for $2.60. My break-even is $4.90
I will close my position before expiration.
Target: the gap-fill at $4.25
Placed a GTC order to close my long put at $3.4
The volume is also too big, sign of exhaustion.
Bought April $7.5 put for $2.60. My break-even is $4.90
I will close my position before expiration.
Target: the gap-fill at $4.25
Placed a GTC order to close my long put at $3.4
Comment:
Bought more April $7.5 puts at $1.8
My average is now $2.2, break-even is $5.3
Will close ha;f at $3, the other half at $3.4
Now I'm waiting for the price to drop in the coming days
My average is now $2.2, break-even is $5.3
Will close ha;f at $3, the other half at $3.4
Now I'm waiting for the price to drop in the coming days
Comment:
closed at $2.4. :(
Target: $4.7