JD Trade on Mar 12, 2020 12:47 from tradelikelarry: Tradervue User Stock Trades.

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Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent highs.
- TTM Squeeze: Daily
- Earnings Date: 6/1-

Reason For Entry:
- Playing daily chart. JD is in a pattern of consolidation below recent highs. It had developed a squeeze on the daily and entered the PCS trade as price entered buy zone (lower bb). Risking about 1% of portfolio. Betting that price closes above $38 at expiration on 200417.

Reason For Exit:
- Had a working order for 50% win and price got filled.

Recap:
- Nice entry at the lower BB. Stayed patient and closed the trade for a 50% win.
image


Execution detail:

Date/time Symbol Side Price Position
2020-03-12 12:47:55 17 APR 20 38 PUT sell $3.300 short
2020-03-12 12:47:55 17 APR 20 37 PUT buy $2.850 long
2020-03-12 12:47:55 17 APR 20 38 PUT sell $3.300 short
2020-03-12 12:47:55 17 APR 20 37 PUT buy $2.850 long
2020-03-31 12:30:32 17 APR 20 37 PUT sell $0.6300 long
2020-03-31 12:30:32 17 APR 20 38 PUT buy $0.8600 short
2020-03-31 12:30:32 17 APR 20 37 PUT sell $0.6300 long
2020-03-31 12:30:32 17 APR 20 38 PUT buy $0.8600 short
2020-03-31 12:32:46 17 APR 20 37 PUT sell $0.6300 long
2020-03-31 12:32:46 17 APR 20 38 PUT buy $0.8600 short
2020-03-31 12:37:04 17 APR 20 37 PUT sell $0.6200 0
2020-03-31 12:37:04 17 APR 20 38 PUT buy $0.8500 0

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