New Trade: GE

I have GE on my watchlist for this week and my indicators finally signaled an entry point. 

I purchased 2 Mar 23 put options for $0.18. My exit point is $0.45, loss limit is $0.15 and the market closed at $0.30(bid) – $0.31(ask). Here are my potential results:

Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

2 0.18 36.00 0.45 90.00  10.00 44.00 122.2%

Here is my current chart for this trade:

130220 GE


One thought on “New Trade: GE

  1. Pingback: Trade Update: GE | Tela's Trading Journal

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