Our account was over-leveraged on Friday and we were afraid our account could be drawn down to a level that would be impossible to recover from, so we begged for mercy and sold our SPY calls for a $20,000 loss. Despite selling, we still believe the market is heading upwards in the short-term. We are looking to reenter our position.
Account Update
- Starting Value: $100,000.00
- Current Value: $78,624.26
- Account % Loss: -21.37%
0 comments:
Post a Comment