With the purchase of another $20,000 in SPY calls, our account is over-leveraged, leaving no room for any error. We shouldn't have purchased those additional options. We jumped the gun, and because of it there is a real chance that we will be squeezed out of our position with huge losses. Let's hope for the best tomorrow.
Account Update
- Starting Value: $100,000.00
- Current Value: $82,876.94
- Account % Loss: -17.12%
0 comments:
Post a Comment