I closed $VLO 20240503 190.0 CALL$  ,VLO: this is the 2nd leg buy call for protection that expired worthless and loss all the premiums. Overall collected full premium on Valero Energy Bear call at $185/$190 strikes. With $63 collected over max $500 risk per contract, the ROI is 12.5% over 18 days. For the chart, VLO came off its top at around $185 and it’s already down about 15% reflecting correctly on this trade. Oil prices had came off a fair bit and oil companies would reflect similar situation. Glad this trade turned out profitable.
VLO CALL
05-04 14:42
US20240503 190.0
SidePriceRealized P&L
Sell
Close
0.00-100.00%
Closed
Valero
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  • jethro
    ·05-05

    Thanks for sharing 🙏 

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  • jethro
    ·05-06

    Thanks for sharing 😊 

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  • Nggimseng
    ·05-06
    Nice
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  • KSR
    ·05-05
    👍
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