TSLA Trade on Feb 7, 2020 09:32 from tombtrader89: Tradervue User Stock Trades.

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tombtrader89

 

I entered this trade 2 minutes after market open because TSLA LVL2 looked strong, a doji candle printed on the 1 minute chart showcasing buyers stepping in and testing the $750 price level. I entered calls on the break of $750 with strong volume and exited 1 minute later on the rejection of $770 and level 2 looking weak. I didn't end up entering another trade for approx. 45 minutes. This was hard to do but TSLA had traded sideways most of the day which seemed unusual given its volatility the last few days.

I re-entered a trade on TSLA with 700 PUTS at 10:16 after the break of $740 with strong volume. Buyers ended up stepping in and the sell-off I had anticipated didn't look like it was going to happen and I only got filled 2 of my 5 contracts and found myself wanting to chase so I exited quickly after a brief 1 minute scalp. This was my first attempt at not trading after 12 and taking the green I gained in the morning and walking away. Will continue to walk away at 12 and see how my green days stack from here. Again this trade was taken at the SML office and I still felt out of my element and didn't have my regular set-up.


Execution detail:

Date/time Symbol Side Price Position
2020-02-07 09:32:36 7 FEB 20 800 CALL buy $3.850 long
2020-02-07 09:33:37 7 FEB 20 800 CALL sell $5.000 0
2020-02-07 10:16:54 7 FEB 20 700 PUT buy $1.460 long
2020-02-07 10:17:03 7 FEB 20 700 PUT buy $1.460 long
2020-02-07 10:17:47 7 FEB 20 700 PUT sell $1.610 0


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