On Feb 12, 2025, we were Bearish on SPY. Here is our trade execution and performance.

Trade Execution Details

Entry: At 10:25 AM EST, we initiated a SELL TO OPEN position on the 650 Call Option at a premium of $1.54 per contract.

Exit: At 11:25 AM EST, we closed the position by executing a BUY TO CLOSE order at $1.14 per contract, locking in gains as the option price declined.

Trade Performance

Profit per contract: (1.54 – 1.14) * 100 = $40

Total P&L for 10 contracts: $400

Chart

Here is the Candle chart summarizing this trade.

Figure 1: Candle Chart of SPY Feb 14 ’25 650 Call