BABA Trade on Oct 11, 2021 09:32 from kingsbayanalytics: Tradervue User Stock Trades.

Trade Journal

Date:
2021-10-11

Option Details:
15OCT21 167.5C

Big Picture
SPY:
Opened at Friday close, significantly under POC

Intraday Fundamentals
1D RVOL: 1.6
Clear Trend?: Y;
Gap up

Key Levels
Bull: $167
Bear: $164

News:
Capital increase (Yanni)

Technical Analysis

Next Big Sup/Res Level: $167 SUP

Trade Mgmt

Reading Tape: Y

Reason(s) to Sell

Intraday Trend Broken?: Y

Buying Pattern Dissipated?: Y

Review
How Clean Was Trade?:
C;
False reversal at PM L level;
Got out fast enough for small loss,
then re-entered at stronger bounce level.

Position Sizing:
Bad;
Used a lot of limited buying power
(not all funds settled due to bank closure).

Play Type

Supply/Demand: 1D Demand

Summary
Incorrectly thought PM Low would be bounce level.
Instead of scaling in further at stronger $167 level I stopped out defensively.
I think this was a good stop because trading day like this (holiday, banks closed but still trading) is usually low vol (Mike-AMU))


Execution detail:

Date/time Symbol Side Price Position
2021-10-11 09:32:54 15 OCT 21 167.5 CALL buy $4.950 long
2021-10-11 09:36:27 15 OCT 21 167.5 CALL sell $4.510 0
2021-10-11 09:41:56 15 OCT 21 167.5 CALL buy $4.050 long
2021-10-11 09:50:39 15 OCT 21 167.5 CALL sell $4.950 0


Comments

2021-10-11 17:01:51
 

Nice trade

2021-10-11 17:07:01
 

Thanks man nice call

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