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closed Positions

INTC: 01.23.20 – 03.27.20

Equity | Intel Corp | Status: Closed

Closing Trade

View original trade
03.27.20
I've done what I can with this poor sucker. Now the time has come for me to shut it down. Normally, I would battle on but with
just after April
I decided to call it quits. I don't know how this market chaos is going to affect earnings this season and I'd rather not take the risk just to keep fighting a cancerous position. With 21 days left before expiration, I've reached the decision point to
or close, and I've chosen the latter. Touché INTC, ya done took me down. On the bright side, I'm only paying $1.61 of
as opposed to the multiple dollars it was mere days ago. Closing this position also frees up over $1000 dollars of
which I can put toward a new higher probability trade with greater profit potential.

Risk Profile:

Figure 8

Strategy: Close Position

btc 1 apr 17 47 call
btc 1 apr 17 65 call
Fill Price: $19.60 debit

Position Analysis

U/L Price: $54.24
IV: 75.2%
IVR: 63.0
Liquidity: 4/4
Final P/L: $6.00 Loss

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closed Positions
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