Monday, 27 August 2012

UTX 24-27 Aug Swing





Trade price: $80
Stop at $79.50
Profit Target at $80.50


-3 Put Spread Entry @ $1.42
Delta: -0.26
Ganna: -0.01
Theta: 0.01
Vega: -0.02




Exit



Reason for entry
- Reversal from Intraday retracement


Reason for exit
- Hitting previous high, hence take profit first.

Mistake:
Should have took partial but not all profit.


P/L: $76.50





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