Well, it could have broken to either side. Of course, it broke to the downside. I waited until the last second to give it time to retrace back up, like it did on 4/21/20. Then I sold the Call spread for $2.70. There wasn't any time left to go short. Maybe I'll do that on confirmation of lower prices tonight.
So, that's 4.50-2.70 = 1.80 * $100/point = $180 loss.
Jeff: Hope this finds you well. Glad to see your passion and looking forward to when I can also do this full-time! :) -mgm
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