huynguyen5's UVIX Trade +$64.24

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Trade Details
Published: May 20, 2024
Status: Closed
Broker: Fidelity
Asset: Stock
Symbol: UVIX
Type: Short
Patterns: Bear
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
-6.14 -5.50 $0.02 100.0 $-550.00 0.00% $64.24
Transactions
2 entries
Date Side Amount Price Commission Reg Fee
May 20, 2024 10:25:23 Entry 100.0 $-6.14 $0.00 $0.02
Sep 04, 2024 10:10:53 Exit 1,220.0 $-5.50 $0.00 $0.00
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Notes

05/20/2024 sell short UVIX $6.1426/share 100 shares $614.26 - $0.02 fee = $614.24
I pay annual interest rate 17.75% to Fidelity because I borrow 100 shares of UVIX to sell short.
09/04/2024 buy to cover all 1220 shares of UVIX at $5.50/share.
-$5.50 x 1220 shares = -$6710
I never sell short UVIX because it is too risky with the price spikes.




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