Terra_Incognita
11-12 23:58
$RDDT 20261218 80.0 PUT$ 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
RDDT PUT
11-12 01:51
US20261218 80.0
SidePriceRealized P&L
Buy
Close
0.75+69.63%
Closed
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Comments

  • NKCT
    11-13 23:16
    NKCT
    Following & learning - you seem to be able to close option trades consistently at 70% profit. Do you put GTC to close the trade or do manually?
    • Terra_Incognita: 
      Hi, I use GTC at profit targets right after the trade is setup.
  • BellaFaraday
    11-13 00:13
    BellaFaraday
    Nice theta harvest. With 37 DTE left, taking it here usually beats sitting around for the last bit of decay lol
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