Terra Incognita
05-25
I closed $GS VERTICAL 240524 CALL 465.0/CALL 470.0$  ,GS: collected 20% profit or $100 per contract over 18 days. Max risk was $500 from selling bear call spread on Goldman Sachs. The bank continued to be really bullish for the past weeks and the trade seems lost when it went as high as $471 on 21st May which at least $10 above my safety. Market however seems topped on 23rd May even after a superb Nvidia earning call thus allow me to take profits just in time before expiry. Didn’t want for it to expire by end of the day and the fluctuations could lead the stock to be in the money again thus complicating the closing process.
Trading Order
SymbolSidePriceFilled time
GS Vertical
US465.0/470.0
Debit
Close
0.182024-05-2500:21:11
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