$RDDT 20261218 80.0 PUT$ RDDT: take profit.
Achieved profit target of 70% max premium collection.
Pretty neat trade after holding for 9 days and left 37 DTE and already achieved 70% max profit.
RDDT run lockstep higher past few days after 1 session position positive and the next negative but overall drifting higher.
Yesterday's 7% up helps push the premium decay in my favour therefore profitable trade | Side | Price | Realized P&L |
|---|
| Buy Close | 0.75 | +69.63% Closed |
RedditTrade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments