Follow-up analysis $HD position

2021年5月12日

HD

One thing I do different about this specific option strategy is the trade analysis that I do for trade management. This would determine if I exit early at half of the debit or see it to expiration and risk full loss.

Initial trade set up triggered entry 04/21 Debit Put Spread $300/325 14 May 21 expiry. Price needs to be below $325 at expiration for this trade. Since Price is showing weakness and overextension. Holding this spread 'til expiration.

2021年5月15日

交易手动结束

Looks like price followed through and today's close is below $325!

I was able to close this for a profit and get 60% ROI (instead of the 94% ROI with original target). I did lower my limit order for target closer to nat price to reduce the risk of not getting filled.