Cover 200 BIDU $308.74

I was holding on for the drop below the $308.50 level (purple line on the graph below) but it just wouldn’t stay below that line, so I took a little spare cash and ran. Of course, I would have done better reversing my position instead of just covering.

So now I sit with a little extra money in my account than I started out with. This isn’t the type of cash I was looking to score, but I’ll start small and work my way up.

Math time… 200 shares x ($309.40 - $308.74 = $0.66) = $132
$132 minus $4.00 (trading fees) = $128

Hell ya, $128 profit! Now it’s time to relax for the rest of the day. Right?