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Contrarian/ Buying the lows
- Thread starter arturo100
- Start date
Thanks to the moderators for bringing my thread to this section.
Bought 2 Puts 46 UBER (+3.6%) Jul 05 @ 0.95. It is a risky trade because of the near expiration, but I'll try to get out earlier if things don't workout. Also, I have 5 short position vs. only one long position. I don't like that and I'll try to rebalance things ASAP.
This week, I recovered part of my losses and the NAV of my account is now -8%
Sold 2 Puts 46 UBER Jul 05 @ 1.5 : +55%
Sold @6: +73%Bougth 1 Jul 19 Call 155 MDB (-3.9%) @ 3.8.
Bougth 1 Jul 05 Call 155 BYND (-5.3%) @ 2.9. Expires this Friday.
Sold @1.35: -60%
Thanks to the moderators for bringing my thread to this section.
Bought 2 Puts 46 UBER (+3.6%) Jul 05 @ 0.95. It is a risky trade because of the near expiration, but I'll try to get out earlier if things don't workout. Also, I have 5 short position vs. only one long position. I don't like that and I'll try to rebalance things ASAP.
This week, I recovered part of my losses and the NAV of my account is now -8%
This week ended roughly even, with only a few bucks gained. Now I am -7.8%.
I have still the problem that I have 4 short positions and none long. Somehow I need to cover this situation. Any idea?
This didn't work. Sold @0.3: -85%. Actually I reversed my position by buying a Call 103, July 19 @3.9Bought Jul 19 Put 96 ROKU (+4.6%) @ 1.91
I also bought 1 TWLO Jul19'19 145 CALL @ 3.7.
These transactions indicate that while I'll continue with my contrarian strategy, I'll also do trend following, if the trend is indipendently confirmed.