26 Feb I bought Uber puts as the transport industry in CN was one of the key victims to the virus. US at this point had not felt the full extend of the virus and I was certain CN's economic situation was a leading indicator of what was to happen. Uber was prime also because it's generally a risky company and I expect investors to run for the hills once shit hits the fan.
Shit did hit the fan and my Uber puts expire on the 27 Mar
Shit did hit the fan and my Uber puts expire on the 27 Mar
Trade chiuso manualmente
Closed my contracts before they expired on the 27 Mar. Locked in a decent profit.I felt I left quite a bit of money on the table as I could have closed it when it was in the $18-$20 range. As the news of the Covid 2trillian stimulus was starting to impact the market.
Oh well hindsight 20/20
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