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LemonKing
20 Ara 2021 20:57

Update on Yang calls Alış

Direxion Daily FTSE China Bear 3x SharesArca

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Doubled the initial, so I rechecked for another go at it. It is for Vegas gambling money afterall. $20 should be fine. The MACD has me a little spooked, but that's probably why the cheap price. I figure the high end is like $60 from last year, so it was a lot closer to the floor then the roof. Also it appears Evergrande things are finally happening.

Sold:
2 $16 21Jan22 calls @ $6.30 & $6.70 ($700 profit)
Bought:
3 $20 21Jan22 calls @ $3.50
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LemonKing
Found some more $$ for my gambling fund. Grabbed 3 more.
New Total:
6x $20 YANG 21Jan22 calls @ $3.07 avg
SloppySeconds
LemonKing
@SloppySeconds I don't think this one was ouch, but I did forget to come update this during the trip. Also the account was compromised so it was deleted and had a new one made since then, so I can't double check the record. I'm pretty sure I made a few hundred selling at the right time. Made enough in Vegas with the proceeds to make up for hotel, plane, and drinks. Net zero trip, great time.
LemonKing
After looking further. I must have sold on the 4-5 of January just before that drop. *wipes sweat* Late double down wasn't a great idea though and shouldn't have happened.
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