Lets look at TNXP today:
It is significantly down from when we bought the puts when the stock was at 10. Below is the order when I jumped into it (observe the bid and ask) and below that is the exit today (bid and ask).
Here was my in:
And here is todays out:
With this we were in at 1.55 and out at 1.90. The reason you see the 2.60 last is because the volume was a bit low and there wasnt a lot of trading hands and at the time those were the last prices. But notice the bid and the ask, that was/is the current spread, and the trading range.
More to come
Tradinginsider
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