Skip to main content

COVER DUK @ $87.07

Covering DUK @ $87.07
Realized gain of $0.46 (0.53%)

It wasn't the plan to cover this one, when I shorted it. But then I got long the other side, NEE, and made a nice 3%+ on the day. So I put on a pretty aggressive stop as shares tumbled and it got hit.

I think DUK should and will trade down below $83/share again - a 5% decline from here - but it's not worth being wedded to the position. 

I might re-short it over $88.

Yes, to some of you that's picking nits. Worrying about a quarter here and there. But to me, finding quarters every day is my edge. Anybody can match the market. To beat it, you need an edge. Some use research. Some use math. Some use leverage. I use active trading.

Comments