The Challenge of Managing Emotions

Euphoria comes with red flags. While inviting, overstaying that joyful feeling is unsuitable for your overall health and well-being. Please trust me on this. I can tell you a story—a personal experience with this emotional overload—but it is unrelated to trading. As I often say, “Do your research.”

The images below detail a covered CALL trade made this week. The December expiration 45 strike price sold for $410 on Monday, and the 30 contracts you’ll see on the first chart image represent the high of the day – lucky, you might say.

The second image below shows the closing trade. The same contract was offered for $247, and the purchase of 30 contracts filled at $245. Profit, after expenses, was just over $4900. Check my math.

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