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Shared by
AofP2017

 

FB

Aug 29, 2019 12:33


Shares traded: 0
Options traded: 12
Closed Gross P&L: $-316.00
Gross Return: -1.58R

Tags:

Diagonal Call Maverick Prints Stopped out T-Spot

Daily Setup:
The 180 level has shown to be very significant with this stock. Right now it is showing to be strong support. 1.1 mil print showed up at 180.40. The T-Spot is also located near the 182.50 level.
game plan
The plan is to wait for price to get above 182.50, which it did. Price gaped up and closed above the t-spot and 20sma. This is a longer term swing and the plan is to keep selling weeklies agains the long option till the target is hit at $200
Stop:
182.50
Target:
$200
Reason to exit:
CLosed the short call for 80% of the credit but still holding the long call.
Closed the whole position due to the stock not moving the way I wanted it to. Also price got below the 20SMA.
Mistakes &/Or Concerns




Execution detail:

Date/time Symbol Qty Price Position
2019-08-29 12:33:55 OCT18 19 190 CALL 2 $5.440 2
2019-08-29 12:44:09 SEP06 19 190 CALL -2 $0.8100 -2
2019-09-06 09:48:29 SEP06 19 190 CALL 2 $0.2100 0
2019-09-20 15:34:54 SEP27 19 195 CALL -2 $0.4500 -2
2019-09-24 10:41:27 OCT18 19 190 CALL -2 $2.870 0
2019-09-24 10:41:52 SEP27 19 195 CALL 2 $0.0600 0


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