UNH: take loss.
I had setup long calls on UNH at $300 and had been selling short dated calls to offset the cost while waiting for price to appreciate.
However when UNH dropped to $240, I had the impulse to sell short call below my long call strike.
Subsequently when the shares recover to above $300, these short calls were far in the money and resulting in significant loss.
Decided to close the pair instead and move on instead of trying to repair it.
In total, I have 2 similar trades like this taking loss, while a 3rd long call setup were at $270 strike so that one is still profitable.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Debit Close | 11.50 1 | -- Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- vibzee·2025-08-23It's tough to take those losses, but moving on is often the best strategy. Trust your next setupLikeReport
- 闪电侠08·2025-08-23OkkkLikeReport