Shared by
kingsbayanalytics
Date:
2021-10-18
Underlying:
AMC
Option Details:
22OCT21 40C
Big Picture
SPY:
Opened much lower than Friday POC but bounced quickly
Intraday Fundamentals
1D RVOL: 1
Clear Trend?: Y;
Up short term; ranging medium term
Key Levels
Bull: $42.05
Bear: $39.5
Technical Analysis
Next Big Sup/Res Level: $40.5 SUP
Trade Mgmt
Reading Tape: N
Were there any clean levels day before?: Y;
40.5
Reason(s) to Sell
Price Target: $41
Nearing Another Key Level?: Y
Review
How Clean Was Trade?:
A+;
I had my plan; executed it.
Position Sizing:
Good;
Good for my TM and confidence in my DD at this point.
Play Type
Intraday: Opening Drive
Supply/Demand: 4H Demand
Summary
Good trade. No do the DD process again!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-10-18 09:31:11 | 22 OCT 21 40 CALL | buy | $2.150 | long |
| 2021-10-18 09:33:04 | 22 OCT 21 40 CALL | sell | $2.370 | 0 |
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