Covered first small lot of $RMO at preset target 10.93 for planned gains. (See blue triangle.) Admittedly, yesterday's entry (too early!) left something to be desired. But it's okay for now — one can save a poor entry by not panicking and by adjusting if the story and the strategy make that a reasonable and viable move. (I didn't short more stock higher before the close last night, but I wrote credit spreads instead.) I.e., I also have OTM credit call spreads and even a couple of long puts.
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