Sold entire position (1173 shares) of SH @ $45.90.
Profit: $5,221.55.
As of now the only thing that is open is my SPY position.
Watch price tank now that I’ve closed out my short position. lol.
There was no real reason I sold it now other than I was happy with locking in $5,000 of profit right now. I have no idea if price is going to go up or down in the future. If it goes up, awesome. If it goes down then whoops I should’ve held onto the SH longer. I may buy more if SPY goes up.
10/5:
SPY -$51,984.00
hedge closed
Net for this trade:
-$51,984.00 (unrealized)
$1,223.60 (realized)
$2,931.69 (realized)
$1,129.72 (dividend)
$3,561.93 (estimated dividend)
$5,221.55 (realized)
————————
-$37,915.51