Shared by
yoosh
Look at previous trade for this stock. This was trade 2 after I reveresed my thesis
At this point I knew I had to go short so I waited for a bounce. I was a bit early and took an entry that was not ideal and lost another $20 there and then retentered again when I thought the top was in. This kind of wanting to guess that actual top are giving me paper cuts, but I think I prefer papercuts than hoping and holding.
Overall my thesis was right for the first trade and I am happy that I swapped biases because the trade didnot work straight away essentially.
In fututre I should try play the PUTS out of the gate to the support level and then buy calls. This way I can get both parts of the move.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-12-13 10:40:16 | DEC17 21 175 PUT | buy | $1.760 | long |
| 2021-12-13 10:48:53 | DEC17 21 175 PUT | sell | $1.560 | 0 |
| 2021-12-13 10:53:40 | DEC17 21 175 PUT | buy | $1.460 | long |
| 2021-12-13 11:58:08 | DEC17 21 175 PUT | sell | $2.030 | 0 |
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!