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major
7
XSP
LONG PUT
-3540
BUY 490 PUT
Opened: 12-18-2023
Expiry: 08-16-2024
Closed: 05-07-2024
Duration: 141 days
Quantity: 2
Price Filled: 22
Price Closed: 4.3
Profit/Loss:
-3540
Open Note:
Cem and others keep saying that vol will go up in January and although I love the strength of this rally, I'm making this move to hedge my portfolio a bit.
Closing Note:
I'll never take someone's advice again on doing this. Lesson learned.
1
1
major
7
April 2024 update -- 56% loss of $2,472. 🤷♂️
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