Dids/Pexels
This Week’s Trade Exits
As soon as I exit a trade, I note that in the comments of the post where I first mentioned the trade; at the end of the week, I try to track them all in one post. These are the trades I exited this week.
Stocks or Exchange Traded Products
Xiaomi ($XIACY). Bought for $9.93 per share on 4/8/2024; stopped out at $10.51 per share on 6/27/2024. Profit: 5.8%
Options trades
None.
Comments
Stocks or Exchange Traded Products
Xiaomi wasn’t one of our top ten names, but one of three EV trades we entered in April.
The other two, Tesla (TSLA 0.00%↑) and Rivian (RIVN 0.00%↑), were up on the week. Maybe we’ll revisit Xiaomi at some point.
Options
We also had two options trades on track for ~200% gains this week.
We entered a new trade with a similar elements to those two on Friday: