Here’s a rare success story in which I’m not furious with myself for selling too soon. The stock was Novo Nordisk (NVO), and I bought puts and made a triple-digit profit on the puts. The reason I’m bringing this up is because the hard fall of NVO almost perfect sealed its price gap (dashed green line) which is providing support.
Looking at Slope’s options chart, it shows my buy date (green) and sell (red) and what happened next. The options did go up about 23% more after I sold it, but it wasn’t a total blunder.
