Got into SE with the 1 hour squeeze firing to the upside at open. The $210 calls had been the loaded the last few weeks and I waited for the downward trendline to be broken before I entered with full size. Stayed in the trade as we held the 8 ema and 21 ema well and exited as the squeeze histogram started to decrease momentum and volume was starting to decrease too.
I re-entered this play again with another 8 ema/21 ema crossover toward the upside where I saw decreasing selling momentum almost dry up for my entry and locked at the top of the strong bullish squeeze firing.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-08 09:37:41 | DEC11 20 205 CALL | buy | $2.620 | long |
2020-12-08 09:40:07 | DEC11 20 205 CALL | sell | $2.790 | 0 |
2020-12-08 10:00:00 | DEC11 20 210 CALL | buy | $2.670 | long |
2020-12-08 10:02:26 | DEC11 20 210 CALL | sell | $3.200 | long |
2020-12-08 10:02:26 | DEC11 20 210 CALL | sell | $3.200 | long |
2020-12-08 10:02:50 | DEC11 20 210 CALL | sell | $3.100 | long |
2020-12-08 10:09:38 | DEC11 20 210 CALL | sell | $2.860 | 0 |
2020-12-08 10:33:05 | DEC11 20 205 CALL | buy | $4.400 | long |
2020-12-08 10:33:05 | DEC11 20 205 CALL | buy | $4.400 | long |
2020-12-08 10:45:39 | DEC11 20 205 CALL | sell | $4.800 | long |
2020-12-08 10:45:39 | DEC11 20 205 CALL | sell | $4.800 | 0 |
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