$HOOD DIAGONAL 250718/250627 CALL 85.0/CALL 80.0$ HOOD: Managing a losing trade that was expiring on 27th June when this trade was being executed. Shorted HOOD at strike $80 via selling bear calls. Protected the downside with buying back at $85 via long calls. HOOD closed at $83.03 right near the middle of the trade and as such, my long calls would had expired worthless and then my short call would be assigned with short selling the stocks. Decided to roll out the HOOD short strike to 3 weeks further on 18th July and $5 higher with $85 strike to buy some time and this trade not turned into naked short at $85 expiring on 18th July. As for the long call, sold off the remaining and recovered scrap value instead of letting it lie till become worthless. 
HOOD Diagonal
06-27 22:47
US80.0/85.0
SidePrice | FilledRealized P&L
Credit
Close
-0.70
4
--
Closed
HOOD DIAGONAL 250718/250627 CALL 85.0/CALL 80.0
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  • DeltaDrift
    ·2025-06-30
    Mind your risk rolling against the trend
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  • DreamBig572
    ·2025-06-30
    Fantastic strategy execution! Love it! [Cool]
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