Shared by
yoosh
This had a huge red day yesterday and was gapping down so I was looking for the restet.
The stock behaved exactly as I expected and it went up and retested the previous LOD and that is when I took my entry. Unfortunatley it went a bit higher. I got a bit confused here beause even though the stock was moving higher the options were not going down and I was in a state of confusion so I just panic sold. I thought I was selling two but I just sold 1 of my options. We then reteested another key level which I had marked out and I saw that it rejected this nicely so I kept holding onto my one contract.
I eneded up selling this because i wanted captial to trade NVDA which is kind of dumb overall this was a about 30% trade which is cool.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-12-14 09:32:53 | DEC17'21 170 PUT | buy | $0.8900 | long |
| 2021-12-14 09:33:01 | DEC17'21 170 PUT | buy | $0.8900 | long |
| 2021-12-14 09:34:57 | DEC17'21 170 PUT | sell | $0.8700 | long |
| 2021-12-14 10:34:22 | DEC17'21 170 PUT | sell | $1.280 | 0 |
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