INTC

Nov 29, 2019 12:28


Shares traded: 0
Options traded: 4
Closed Gross P&L: $-140.00

Tags:

TTM 195m Move to ATH

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: 195m
- Earnings Date: 1/23-

Reason For Entry:
- Playing the 195m chart. INTC has been in a nice pattern of consolidation below its ath. It retraced with the market and entered my buy zone (entered at a 1/4 size position). TTM is in a squeeze and price has recently moved up to test a new level.
Reason For Exit:
- 12/3 closed position as trend is broken and TTM fired short.

Recap:
- Trade was valid and entered the trade in the buy zone. Tariff news came out and market dropped big. Trend was broken and TTM fired short. On to the next one.


Execution detail:

Date/time Symbol Qty Price Position
2019-11-29 12:28:17 20 DEC 19 57.5 CALL 2 $1.500 2
2019-12-03 09:41:59 20 DEC 19 57.5 CALL -2 $0.8000 0


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