First bad trade of the year – bailed on this Ionis Pharmaceuticals Inc (IONS) cash secured put trade today – stock went down 2 – 3 percent per day since I made the trade. Not too proud to run away – something is going on and I did not want to hold the trade into earnings.
Will eat *$1,050.00 – this one hurts, but I will live to trade another day. This is what I get for trading outside my comfort zone – will stick with dividend stocks / profitable companies – no lottery tickets.
*Excludes transaction costs.
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