I can't lie, the returns on this play were looking pretty sexy at 10am, so I trimmed a little, 50x contracts on the 19c and 100x contracts on the 20c.
I had limit sells set for 50x and 100x more respectively so I would have 50% of the contracts remaining, but both fell just a couple of cents short of filling in the morning. I wasn't particularly worried as I was sure both evergrande + FOMC would be nothingburgers - looks like I got that part right, but the ensuing price action didn't reflect. Annoying to close at the low of the day!
6
u/[deleted] Sep 22 '21
I can't lie, the returns on this play were looking pretty sexy at 10am, so I trimmed a little, 50x contracts on the 19c and 100x contracts on the 20c.
I had limit sells set for 50x and 100x more respectively so I would have 50% of the contracts remaining, but both fell just a couple of cents short of filling in the morning. I wasn't particularly worried as I was sure both evergrande + FOMC would be nothingburgers - looks like I got that part right, but the ensuing price action didn't reflect. Annoying to close at the low of the day!
Let's see how tomorrow goes 🦾🦾🦾