Bought 100 BMY May 6th $75 puts. Will add for each $1.00 increase.
Note
Added 25 more puts this morningNote
Added 50 more puts todayNote
Sold short -1,000 shares @ $77.00Note
Added 65 more puts this morningNote
Sold short -200 shares @ 78.00Note
I bought to cover 1200 shares for a measly $575 profit. I still have 225 putsTrade closed manually
Closed out position on drop this morning. This was a HUGE win because I was down $20k at one point. Locked in a nice profit! Puts expire in 2 weeks so I took the exit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.