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.
Side | Price | Filled | Realized P&L |
---|
Buy Close | 0.00 2Lot(s) | +100.00% Closed |
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Comments
Losing trade but well managed risk, great job