FRT rallied past its resistance point.

music selection:  “Right Here, Right Now” — Jesus Jones

On 16FEB2021, I bought the 105/110 bear put spread in FRT for 3.9442 per share (12 spreads).  I put 4,733 in capital at risk.  FRT burst past resistance at 104ish to over 106 even as the broad market was declining.  I decided to preserve capital rather than wait to see if the trend reversed.  I sold today for 3.20 a share.  I booked a loss of 893 dollars or 19% over 10 days in force.

I have two other positions that are threatened but I’m continuing to hold to see if the  market turns around.

Devour your prey raptors!

Book loss FRT

Never miss another opportunity to devour prey!

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