GOOGL Trade on Apr 14, 2020 14:17 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Gap up at a resistance area (200sma).
- TTM Squeeze: none
- Earnings Date: 4/27-

Reason For Entry:
- Playing the daily chart. GOOGL gapped up at a key resistance area (200sma). Entered the trade with selling a Call Credit Spread (CCS). Betting that GOOGL will close below $1260 by the close of this Friday. Risking about 2% of portfolio on this trade. 50/50 risk to reward.
Reason For Exit:
- GOOGL retraced and order filled (bought to close) for a 50% win.

Recap:
- The entry area was correct at a specific resistance point (200sma). Order filled, sold to open a Call Credit Spread (CCS). Price retraced and I bought to close the position for a 50% win. Nice trade overall.