AAL Bearish inclined Naked Calls 14 Jan Expiry (Jan Track 2)

Whats The Plan/Trade/Thought

• AAL was one of the shortlisted companies from the shortlisted sectors that did not recover after the Omicron news and the Feb Interest Rate decisions. Their prices stayed below the Omicron gap. Further more with the increasing infections rates countries are getting more cautious and this will impact the sentiment of travel
  
  I Feel
  
• I do feel good about my bearish ranging stance especially for Travel. What surprises me is that while the other travel related counters are declining. AAL on the 20 Dec just locked a positive price move.
  
  Imagine Yourself Taking The Other Side
  
• Imagine Yourself Taking The Other Side
  
  Imagine Yourself As A Neutral Observer
  
• Trade has been thought through and AAL was a shortlisted sector. Happy with it’s entry
  
  Look For New Information
  
• No new information
  
  How Do I Feel Now
  
• One day after my entry had AAL moving up while most Travel companies fell. I’m abit confused. But I think I have this feeling of anxiousness from my tough early Dec. It really was a terrible trading period.
  
  Trade specs
  
• Sold 400 Calls @ 0.22 - Strike 20
  
• % to Strike 17%
  
• ATR % is around 97% (High)
  
• BP used 68k
  
• Max Gain: est $8.8k
  
  
  
  

매매 수동청산:

Closed with a profit of $3,835.24. I missed my Max gain even though the price expired below strike. But I am at peace because I made the right call to close on Thursday and not worry about it on Friday.

Price could have shot upwards and a small 2-3% would have placed me in a very tough position.