LCID Trade on Dec 23, 2021 15:34 from heregoesnothing: Tradervue User Stock Trades.

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heregoesnothing

 

1RD puts strategy test. Not necessarily a 1RD here, but it cracked a very key support level on the multiday. I just jumped straight into a put without waiting for a pullback, so I could've had a better average and maybe had the confidence to hold over the weekend, but didn't want to swing a loser. The main reason I took the trade is LCID was acting very weak when TSLA and the market were very strong today. Showing relative weakness. However at the eod when the market had a sharp yank down, LCID retained its gains and wasn't cracking, this made me nervous that there was relative strength in the stock and spooked me out of holding. Will still be watching Monday morning for a crack and retest of my support line.

New strategy for me, based on Croock. So testing with one contract.


Execution detail:

Date/time Symbol Side Price Position
2021-12-23 15:34:00 DEC31 21 35 PUT buy $0.7000 long
2021-12-23 15:58:00 DEC31 21 35 PUT sell $0.6000 0


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