NVDA Trade on Aug 16, 2019 09:45 from kerobo0000: Tradervue User Stock Trades.

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kerobo0000

 

Daily Report Card:
-morning prep: 7/10; was prepared for the stock but wasn't fully prepared for the market / trading day)
-distractions/distracted: 5/10

Rationale:
-gapping up +7% on positive earnings announcement

How much risk should/did I take? $2,580; 18% of NLV & risking a 0.50-1 on the underlying at time of entry (risk a bit high based on % NLV, but in line based on risk units)

Recap:
-entered in more size than I intended to, so I quickly took 2 lots of
-market was gapping up and holding w/ potential to trade higher - lower likelihood of a gap fill in morning session given strength of market

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How could I have traded this better?
-standardizing my trade management to reduce the variability of results and ensure I'm maximizing profit potential

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Gain/loss relative to expected gain/loss:
-gain better than expected based on how much of the move I captured
- adequately captured move if PnL is greater than or equal to (high - low / 2 * lot size) - from SMB video but based on memory, confirm this is accurate


Execution detail:

Date/time Symbol Side Price Position
2019-08-16 09:45:40 AUG23 19 157.5 PUT buy $2.580 long
2019-08-16 09:47:09 AUG23 19 157.5 PUT sell $2.820 long
2019-08-16 09:58:25 AUG23 19 157.5 PUT sell $3.120 long
2019-08-16 10:05:16 AUG23 19 157.5 PUT sell $3.300 long
2019-08-16 10:08:32 AUG23 19 157.5 PUT sell $3.580 long
2019-08-16 10:10:23 AUG23 19 157.5 PUT sell $3.620 long
2019-08-16 10:13:32 AUG23 19 157.5 PUT sell $3.520 long
2019-08-16 10:15:17 AUG23 19 157.5 PUT sell $3.070 0


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