A near-perfect call. The price hovered around Nat’s keyline in thin trading overnight, then bounced before the day session open, moving almost exactly to her sell level.
(Sell call was 53.50; price hit 53.52).
Even the most cautious traders should have been filled at least for the move down.
The first leg was worth about $1,150 per contract; the second leg about $980 for a market-on-close exit.
Daily workbook[gview file=”https://www.naturus.com/wp-content/uploads/2017/01/170118-daily-trading-worksheet-oil.pdf”]