Trade Update: LVS

My position in Las Vegas Sands reached my exit point early in the trading day. This stock tends to decline the first week of June. So earlier this week, I purchased 10 June 55 puts at $0.45. My loss limit was $0.25 and my exit point was $1.00. But, I adjusted my exit point to $0.75 as there are a couple other trades I would like to be ready to enter. You can do that you know?

Here’s a look at how I did:

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

% Gain & Loss

10 0.45 450.00 0.75 750.00 20.00 280.00 62.2%

My charts for this trade:

130516 WFM

130516 WFM


What do you think? Let me know in the comments!

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s