MNST Trade on Apr 22, 2019 15:59 from kerobo0000: Tradervue User Stock Trades.

Rationale:
-MNST was showing a squeeze signal that was yet to fire
-was above monthly VWAP, and pulled back into weekly VWAP/hourly support (this may be a setup to track)
-hourly support at $55, entered this trade as it traded down to the $55 area on 4/22
-there wasn't much liquidity in these weekly strikes (OI=<650), so it took a while to get filled and they filled me right before the market closed (wonder if I woulda got close to the mid-price if I didn't move my limit order around)

Key corporate events (earnings, dividend, investor day, etc.)= earnings on 5/2
How much risk should/did I take? Took $684 of risk which is acceptable (continue to refine what % of max risk to hit before closing the trade)

Trade Planning
-structure: put credit spread
-major support: 54.9, 54.2
-add point: NA
-stop loss: @ $158 loss (this is 0.5x credit - continue to evaluate whether this is appropriate for weekly options)
-take profit price / risk-reduction plan: scale out at 50% & 70% max profit

2019-04-26 16:43:10
-took this off today for 60-70% winners
-scaled out of the position on two resting orders
-MNST took off after the squeeze fired long - couldn't buy calls or sell more puts as I was locked out