NFLX Trade on Nov 26, 2019 15:50 from tradelikelarry: Tradervue User Stock Trades.

Gravatar

Shared by
tradelikelarry

 

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent highs.
- TTM Squeeze: 30m
- Earnings Date: 1/15-

Reason For Entry:
- Playing the 30m chart. Entered towards the end of the day, NFLX is in a pattern of consolidation below recent highs and has been holding the 21ema respectively. Entered for a (1/5) size position. Valid setup and a small entry for this day trade. Note: that at the end of the day (last couple of minutes) NFLX flushed out below my stop out zone. I was not able to close my position. Will monitor NFLX at the open as I plan to close the position by the end of the day.
Reason For Exit:
- NFLX popped in the first 30min of the open and I took a nice 25% profit.

Recap:
- Nice entry at the end of the day in the buy zone. Took profit on a pop early in the morning. This was a day trade and needed to close the trade at the end of the day (tomorrow is a holiday), so I exited the trade as soon as I had an opportunity of profit.
image


Execution detail:

Date/time Symbol Side Price Position
2019-11-26 15:50:15 29 NOV 19 315 CALL buy $2.000 long
2019-11-27 09:35:56 29 NOV 19 315 CALL sell $2.540 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in