Shared by
kaleh8r
This was a brutal day for me to sit on my hands and wait. I bought 1 417 put when it hit 416.50 and was stopped out by my tight bracket. When SPY moved higher with a red shooting star I doubled my position on the 416 puts because they were cheap although the delta was under -30. I was up 500 when it broke below the VWAP and had technical difficulties and couldn't close half my position. I ended up closing out from -219.00 on the day loss to a positive 38.00 leaving 450.00 on the table. The plus is that I followed my trading plan and did a good job reading the VPA. The negative was the glitch in the tastytrade system.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-05-05 09:32:35 | MAY05 21 417 CALL | buy | $0.9000 | long |
| 2021-05-05 09:57:10 | MAY05 21 417 CALL | sell | $0.6200 | 0 |
| 2021-05-05 10:25:46 | MAY05 21 416 CALL | buy | $0.7000 | long |
| 2021-05-05 10:42:29 | MAY05 21 416 CALL | sell | $1.010 | 0 |
| 2021-05-05 10:57:48 | MAY05 21 416 PUT | buy | $0.6400 | long |
| 2021-05-05 10:59:05 | MAY05 21 415 PUT | buy | $0.3500 | long |
| 2021-05-05 11:12:09 | MAY05 21 416 PUT | sell | $0.4800 | 0 |
| 2021-05-05 11:22:14 | MAY05 21 416 PUT | buy | $0.3700 | long |
| 2021-05-05 11:39:24 | MAY05 21 415 PUT | sell | $0.1300 | 0 |
| 2021-05-05 11:40:58 | MAY05 21 416 PUT | buy | $0.2800 | long |
| 2021-05-05 13:32:56 | MAY05 21 416 PUT | buy | $0.2600 | long |
| 2021-05-05 14:33:12 | MAY05 21 417 PUT | buy | $0.4700 | long |
| 2021-05-05 14:49:08 | MAY05 21 417 PUT | sell | $0.3600 | 0 |
| 2021-05-05 15:33:55 | MAY05 21 416 PUT | sell | $0.5900 | 0 |
| 2021-05-05 15:41:43 | MAY05 21 415 PUT | buy | $0.1500 | long |
| 2021-05-05 15:50:28 | MAY05 21 415 PUT | sell | $0.1600 | 0 |
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