AyKing
12-16 06:59
I closed 2 lot(s) $ADBE 20241213 505.0 PUT$  ,

This is part of the broken wing butterfly. ADBE did not move up after earnings. Instead, it drops. Unfortunately, it drops through a few support level and below the critical level of $485 Of broken wing butterfly. So, this overall trade should be 100% lost, about 2% of my portfolio.

With proper position sizing, I still have seeds for future opportunities.

ADBE PUT
12-14 15:24
US20241213 505.0
SidePrice | FilledRealized P&L
Buy
Close
0.00
2Lot(s)
+100.00%
Closed
Adobe
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Comments

  • DeltaDrift
    12-17 13:03
    DeltaDrift

    Losing trade but well managed risk, great job

    • AyKing
      Yes, it is a lost and life still goes on. 😊👍
  • CINDYTAN
    12-16 13:53
    CINDYTAN
    [smile]
  • KSR
    12-16 09:44
    KSR
    👍
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