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Feb 06

option trading log 2015 02 06 profit $65

binary options malaysiaUnderlying Stocks : TSLA

Strike : 222.5 Put

No. of contracts : 4 contracts

Enter/exit price : 1.43/1.60

Holding time : 6 mins

Net Profit : $65

A bit panicky when trying to close off the position. True that I did not open at the lowest point for the first 2 contracts. Was on paper loss of $50 when decided to average the position as the signalling rules were somewhat indicating a reversal towards my position. And it did. But, a bit panicky, closing off the position when the option price was up to $1.60. It continued to run up till $2.40 within 3 minutes. That’s $320 in loss opportunity. Sigh… On the bright side, another winning trade!

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