Closed (IRA): /GE December '22 98.50/98.75 Long Put Vertical
... for a $215 debit.
Comments: I opened these for a $25/contract debit wayyy back in February of 2021 (See Post Below) when /GE was trading above 99.75, betting that -- at some point -- Eurodollar futures would return to their prepandemic levels and gave the play oodles of time to work out.
Closed them on Friday for $210/contract with 268 days to go, with /GE finishing the day at 98.3950.
Comments: I opened these for a $25/contract debit wayyy back in February of 2021 (See Post Below) when /GE was trading above 99.75, betting that -- at some point -- Eurodollar futures would return to their prepandemic levels and gave the play oodles of time to work out.
Closed them on Friday for $210/contract with 268 days to go, with /GE finishing the day at 98.3950.
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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.