Original trade with two updates #1 & #2

The aggressive repair method paid off and I managed to turn a losing trade into a winning trade.

1. Position was opened @ point 1 (refer the screenshot below) with the view that WYNN would drop after few bearish candlesticks were formed around $80.
2. WYNN continued to move up and the earlier view was proven wrong! Sell leg was closed to allow the Buy leg to run (aggressive repair method) at point 2.
3. Buy leg was closed after 3 days at point #3.

Profit = $27 (($1.92-$7.25+$5.60) *100)  per contract in 10 days.

Profit % =  +8.8% ($27/$308 * 100%) in 10 days.

For mobile readers,  click here to follow my post.