The BAC 32 call/27 put spread trade was stopped out on Thursday. The post for the original post is here. Some reasons for the trade ending are below. We are thankful that stop losses are put in each trade as they protect the opportunity to continue trading. On to the next trade!
- Market downturn brought price down to stop loss
- Time remaining on trade was less than 3 weeks
- Probability of price moving to amount needed for gain reached a low.
**
This blog is used for informational purposes only. It should not be
used as a recommendation to buy or sell any security. Do your own due
diligence before trading or investing. If you would like up to the
moment communication on KDK Options trades, email at
kdkoptions@gmail.com **
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