Profit Previous Month: 2028.00 USD - Profit Current Month: Oct 2024 : 331.00 USD - Updated 15/11/24 - Details in Trade Report
Closing BA before earnings
I am closing my $BA 110P/155C, exp date 18/11 for a net loss of $76.
Although the share price is $144, the Exp move is $15 for 18/11. You can argue the risk seems relatively ok, I prefer not to take this position through earnings and not roll it out to 16 Dec either.
The markets overreacts lately and I don’t want to chase a bigger loser that I took through earnings.
I hate it but you can’t win them all.
Cheers