$GEV VERTICAL 251031 PUT 580.0/PUT 585.0$ 

Got lucky to still able to close this trade at 50% profit when price jump to $590+ level during 1st hour of trading, now its below the short leg. Yesterday it was seating at a loss and 0 dte today. Glad able to set good till cancel order before I took a nap 😀.

GEV Vertical
10-31 22:25
US580.0/585.0
SidePrice | FilledRealized P&L
Debit
Close
0.75
3
--
Closed
GEV VERTICAL 251031 PUT 580.0/PUT 585.0
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  • Sandyboy
    ·11-01
    TOP
    Yes I had the same put but closed it yesterday when it was still above strike. After earnings price collapsed. Lesson learnt, close options before earnings
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    • VNW Capital
      Totally agree that we should close before earnings because we never know how market reacts. Unless we enter in a very good price and we can afford the potential whiplash in price.
      11-01
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  • GEV has topped out. Mgt won’t significantly expand gas turbine production as they don’t want to be stuck with excess when the energy mkt goes flat.

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  • buy more check back in two years

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  • Good
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  • Ok
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