In my portfolio spreadsheet, I always tuck away positions I close so I can see what they do later (I update the data so that the “entry” price is whatever price I got at the exit). Just now, I sorted all these ex-positions by percentage gain, and the biggest ‘one that got away” is Crown Castle (CCI). Looking at the chart, it doesn’t seem that impressive, but the puts I sold on it have gone up an additional 221%.
This isn’t a heavily-traded stock, and the options kind of stink (big bid/ask spread, thinly traded) but I’d say, long-term, this stock has PLENTY more downside potential. Too bad I got out!
