Tuesday, February 18, 2020

HSBC -7% option traded so wierd

Was wary of this bc strong support, but gap was so big. After wiggling, I got terrible fill on puts to preempt drop. It made the move I wanted, but the option didn't move. The spread opened up on the ask to my target (me!) but it didn't fill. The bid/asked continued to float without logic so I squeezed and dumped it.

Pleased with my judgement and management of crappy position. Peace!





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