Keeping Score: How We Did On The Trades We Exited On Abercrombie & Fitch And Tesla Last Week
Portfolio Pulse from David Pinsen
The article reviews the performance of trades exited last week, specifically focusing on Abercrombie & Fitch (ANF) and Tesla (TSLA). The ANF stock was bought at $171.54 and stopped out at $150.79, resulting in a 12% loss. A call spread on TSLA was entered at a net credit of $1.50 and expired worthless, yielding a 150% profit.
July 22, 2024 | 2:41 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Abercrombie & Fitch (ANF) was stopped out at $150.79, resulting in a 12% loss from the initial purchase price of $171.54.
The stop-out at a lower price indicates a negative performance, likely leading to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
A call spread on Tesla (TSLA) entered at a net credit of $1.50 expired worthless, resulting in a 150% profit.
The successful options trade indicates positive sentiment and potential short-term bullish impact on TSLA stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100