I closed my PNRA trade at a loss. The last couple weeks have been crazy busy for me so, I wasn’t able to watch my last few trades as closely as I wanted or should.
Here’s a look at how a did:
|# Shares or Contracts||Purch Price||Capital Out||Sell Price||Capital In||Comm & Fees||Gain / Loss||
% Gain & Loss
My charts for this trade:
In my previous post, I mentioned how this stock tends to rise the first 2wks of March. If you look at the following chart, the stock did rise those first two weeks. I did not do well in this trade because I did not buy time with my option. Had I purchased a April option instead, time decay would not have been as big of an issue. Lesson learned!