BA Trade on Mar 18, 2020 12:08 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Previous Uptrend, now in Downtrend, very oversold, approaching $100 psychological level.
- TTM Squeeze: None (Daily Chart)
- Earnings Date: 4/29-

Reason For Entry:
- Playing the daily chart. BA was previously on a long term uptrend and now sold off big with the Corona Virus news. Price is approaching the $100 psychological level and looking for a bounce. I opened the PCS trade and risking about 1% of portfolio. Betting that BA closes over $105 by the close of 200417
Reason For Exit:
- Price bounced off the $100 psychological level and closed the trade for a 75% win.

Recap:
- Entered the trade at the $100 psychological level and risked 1% of portfolio. Price bounced as expected and closed the trade for a 75% win.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-18 12:08:28	17 APR 20 105 PUT	sell	$26.030	short
2020-03-18 12:08:28	17 APR 20 100 PUT	buy	$23.380	long
2020-03-25 12:31:15	17 APR 20 105 PUT	buy	$5.030	0
2020-03-25 12:31:15	17 APR 20 100 PUT	sell	$4.330	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BA&trade=13418828&end=20200417&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BA&trade=13418828&end=20200417&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BA&trade=13418828&end=20200417&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BA&trade=13418828&end=20200815&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

BA Trade on Mar 18, 2020 12:08 from tradelikelarry: Tradervue User Stock Trades.

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