WKHS Trade on Aug 28, 2020 16:23 from tradelikelarry: Tradervue User Stock Trades.

Gravatar

Shared by
tradelikelarry

 

Trade Planning:

  • Daily Chart: Uptrend, Consolidation below ATH.
  • TTM Squeeze: Daily
  • Earnings Date: 11/10
  • IV: 133%
  • Potential Profit: $88
  • Potential Loss: $312

Reason For Entry:

  • Playing the Daily chart, Put Credit Spread. WKHS is in a pattern of consolidation below its ATH. TTM is in a squeeze on the daily and gaining momentum. The profit level is at a key support level below the 50 MA. Betting that price action will close above $14 by expiration on 9/11.

Reason For Exit:

  • Note

Recap:

  • Note

Execution detail:

Date/time Symbol Side Price Position
2020-08-28 16:23:41 11 SEP 20 14 PUT sell $0.5800 short
2020-08-28 16:23:41 11 SEP 20 13.5 PUT buy $0.4700 long
2020-08-28 16:23:41 11 SEP 20 14 PUT sell $0.5800 short
2020-08-28 16:23:41 11 SEP 20 13.5 PUT buy $0.4700 long
2020-09-04 15:00:56 11 SEP 20 13.5 PUT sell $0.0800 long
2020-09-04 15:00:56 11 SEP 20 14 PUT buy $0.1200 short
2020-09-04 15:00:56 11 SEP 20 13.5 PUT sell $0.0800 long
2020-09-04 15:00:56 11 SEP 20 14 PUT buy $0.1200 short
2020-09-04 15:00:56 11 SEP 20 13.5 PUT sell $0.0800 long
2020-09-04 15:00:56 11 SEP 20 14 PUT buy $0.1200 short
2020-09-04 15:00:56 11 SEP 20 13.5 PUT sell $0.0800 long
2020-09-04 15:00:56 11 SEP 20 14 PUT buy $0.1200 short
2020-09-04 15:00:56 11 SEP 20 13.5 PUT sell $0.0800 long
2020-09-04 15:00:56 11 SEP 20 14 PUT buy $0.1200 short
2020-09-04 15:06:42 11 SEP 20 13.5 PUT sell $0.0700 long
2020-09-04 15:06:42 11 SEP 20 14 PUT buy $0.1100 short
2020-09-04 15:07:40 11 SEP 20 13.5 PUT sell $0.0700 long
2020-09-04 15:07:40 11 SEP 20 14 PUT buy $0.1100 short
2020-09-04 15:26:49 11 SEP 20 13.5 PUT sell $0.0700 0
2020-09-04 15:26:49 11 SEP 20 14 PUT buy $0.1100 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in