Trade of the week ending 8 November 2024: Profit +$2883

#tradeoftheweek Nov 08, 2024

39 days ago sold 10 contracts MongoDB (MDB), $220 PUT at $2.89, expired 8 November. Total premium profit after fees $2883. This was an against the trend trade to pick up some stock at $220 support - but in the end the stock kept going up so just kept premium.