Trade Exit – SNAP – 12/24/2020

Hi Profit Accelerator Traders! 

Time to exit our trade.

EXIT TRADE

 

SYMBOL: SNAP

TYPE: Sell to Close the Call

EXP:  Jan 15

STRIKE:  $50

ENTRY:  5.40 

EXIT: 2.92

 

GAIN: -45%

 

SNAP looked like it was going to break out as hoped but then turned 

around strongly on the short trading day on 12/24.