I’m actually waiting for this one to rise. But since my charts indicated an entry for a move to the downside, I figured I’d take advantage of the decline in the market. I bought 20 July 145 put options at $2.90. My loss limit was $2.45 and exit point was $3.70.
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
My charts for this trade: