On Monday, we entered into the ASHR and CCJ puts.
I’ve been stubborn the last few days with fighting the tape, but we need to keep ourselves honest and follow the plan.
It's time to cut bait and move onto the next trade.
Here’s what we’re doing…
Action No. 1:
Sell-To-Close the Xtrackers Harvest CSI 300 China A-Shares ETF (NYSE: ASHR) April 1, 2021, $36 put (ASHR210401P00036000) at the market.
At last glance, these puts were trading at $0.18 per contract.
Action No. 2:
Sell-To-Close the Cameco Corp. (NYSE: CCJ) March 19, 2021, $15 put (CCJ210319P00015000) at the market.
At last glance, these puts were trading at $0.14 per contract.
Losing can be frustrating, but we’ll continue to follow the system and get them on the next one.
To your wealth, freedom & options!
Joshua M. Belanger