Shared by
foldelinio_BOWS
Action in OTM calls
Stop: 44
R: -0.5
Almost as bad as the trade in $X. I'm suffering from FOMO on these intraday spikes lately and the reason probably is, that I know they can run for dollars...but not, when the overall market is dead.
The daily looked ok with the stock trading at new highs and I though this move is going to be the continuation move out of the little retracement. That's why I got in so high on the first coil. It could not hold, so I bailed. However, I did a good job on the reentries above 44$ and was able to recoup some of my losses from the first entry.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-12 10:29:37 | ALTR | buy | $44.500 | long |
| 2015-05-12 10:32:16 | ALTR | buy | $44.270 | long |
| 2015-05-12 10:34:42 | ALTR | sell | $44.120 | 0 |
| 2015-05-12 10:43:51 | ALTR | buy | $44.010 | long |
| 2015-05-12 10:51:40 | ALTR | sell | $44.010 | 0 |
| 2015-05-12 10:55:05 | ALTR | buy | $44.010 | long |
| 2015-05-12 10:55:34 | ALTR | sell | $43.990 | 0 |
| 2015-05-12 10:58:24 | ALTR | buy | $44.010 | long |
| 2015-05-12 10:58:24 | ALTR | buy | $44.010 | long |
| 2015-05-12 11:05:04 | ALTR | sell | $44.200 | long |
| 2015-05-12 11:18:26 | ALTR | sell | $44.150 | 0 |
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