New Trade: PSA

Public Storage was on my watchlist earlier this month for a 4wk up trend. Today, the position exceeded my loss limit so I exited the trade. I’ll be keeping my eye on PSA for the next two weeks in case it reverses.

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

4 Oct 160 calls 3.90 1560.00 2.55 1020.00 0.00* -540.00 -34.6%

*commission free trades

My charts for this trade:

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Screen Shot 2013-06-18 at 8.07.12 AM


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

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