See how yesterday's candle was a green candle and today's candle gapped down at the open and closed with a red candle? That's known as a "Bearish Kicker" candlestick pattern and is a very bearish signal. We did bounce off the 50sma and might continue up next week, but closing below the 8ema and the 20sma after a Kicker signal left no choice but to exit this trade.
Summary,
2.47-2.96=-$49. from yesterday's post.
Feb 26th 25 Call .25-1.26=-$101
Net loss -$150.
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