GSX Trade on Mar 12, 2020 11:20 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: 195m
- Earnings Date: 5/19-

Reason For Entry:
- Playing 195m chart. GSX is in a pattern of consolidation below ATH. The TTM is in a squeeze and gaining momentum. Entered the PCS trade as price entered buy zone (lower bb). Risking about 1% of portfolio. Betting that price closes above $40 at expiration on 200417.

Reason For Exit:
- GSX fired short and I closed the trade for a loss (.75% of portfolio) small loss.

Recap:
- PCS play. Nice entry at a symmetry point. Almost locked in a 45% win but order did not fill. TTM fired short and closed the trade for a small loss.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-12 11:20:57	17 APR 20 40 PUT	sell	$5.030	short
2020-03-12 11:20:57	17 APR 20 35 PUT	buy	$2.780	long
2020-04-07 13:32:57	17 APR 20 35 PUT	sell	$4.550	0
2020-04-07 13:32:57	17 APR 20 40 PUT	buy	$8.610	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GSX&trade=13313341&end=20200411&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GSX&trade=13313341&end=20200411&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GSX&trade=13313341&end=20200411&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GSX&trade=13313341&end=20200809&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GSX Trade on Mar 12, 2020 11:20 from tradelikelarry: Tradervue User Stock Trades.

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