11.26.25 Expired ITM
Uncle Fozzie is going to be mad…but we might need to pawn the Studebaker. At close on October 31st, we opened one contract of GCZ25 with a strike price of $4,013.40. For the first nine days of the trade, we could have made money. Price danced at, or below our strike price, with a maximum draw down to $3938.40 on November 4th. Had we gone Nostradamus and sold then, a sweet $7,500 profit would have been ours. Instead, we let it ride until expiration and certainly damaged our chances of an early hibernation. When the market closed November 26th, price had risen to $4,196.10. That’s a difference of $182.70 netting us a massive paper loss of $18,270.
WACKA, WACKA, WACKA
Purchase Details Below
ThePaperTrader.Finance 