PEP Trade on Nov 4, 2019 10:58 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: Daily
- Earnings Date: 1/2-

Reason For Entry:
- PEP entered my buy zone and entered at a 1/4 size position. PEP is in a pattern of consolidation below recent ATH. It has fired long on the Weekly and in a Daily Squeeze. Options expire in Dec 20 so I will be patient with this trade.
- Added to position. Poor decision as TTM fired short and trend was broken.
Reason For Exit:
- Trend was broken and TTM fired short.

Recap:
- The market was up on the day and PEP retraced (red flag). Poor exit as trend was broken and waited 4 days to close position after adding to position again.

Execution detail:

Date/time	Symbol	Side	Price	Position
2019-11-04 10:58:53	20 DEC 19 135 CALL	buy	$3.300	long
2019-11-07 09:37:57	20 DEC 19 135 CALL	buy	$1.950	long
2019-11-08 14:12:00	20 DEC 19 135 CALL	sell	$1.300	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PEP&trade=11936779&end=20191204&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PEP&trade=11936779&end=20191204&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PEP&trade=11936779&end=20191204&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PEP&trade=11936779&end=20200402&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

PEP Trade on Nov 4, 2019 10:58 from tradelikelarry: Tradervue User Stock Trades.

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