March Trades

Trade History:

• Topped up account by 150 CAD to cover overdraft while waiting for order to fulfill. Converted by QuesTrade to 148.13 USD on March 29th. 
• Order fulfilled: Sell to Open 5x DNDN, Strike 11.00, Limit 0.45.
• Queued order: Buy to Close 5x DNDN, Strike 11.00, Limit 0.01.
• If this goes through, net ROI for the options period of March 24 - April 21 will be 0.63%.

Gut Check:

• Was about to lower my Limit Price on the Strike 11.00 because it wasn't quite getting to 0.40. However, on Friday morning, the price ran up a bit, so I let it sit and crossed my fingers. It actually did hit 0.45.
• Looking back, I think it was the right move to buy back the Strike 10.00 call at a loss. If I had waited till closer to expiration, I might have had to buy it back at a loss, even, or slight gain. By selling it early, I had the opportunity to make a little more with the higher Strike price because there's still time premium left.
• Addendum (April 2nd): Price is ~10.66 over the weekend. Hoping it won't jump to 11.00 or more. Either way, I'm still leaving the order to buy to close at 0.01, just to make sure I don't get assigned.