TSLA Trade on Jan 4, 2022 10:38 from ricky_trades: Tradervue User Stock Trades.

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ricky_trades

 

took a total of 3 trades today.
market had a nice sell off in the morning.
direction was clear.
bearish price action.
tsla was above 1200 and could not break above 1210.
strong level for tsla were previously it stalled.

trade#1- 1180-1175 was a key area i was watching and had a zone there.
once i saw the stock broke that level of 1175. below vwap and broke 9ema- formed an H and broke on decent volume.
overall creating lower highs. took a quick scalp. PT was around 1165-1160.

note: too many red candles should have gotten in retest of 1175.

trade#2- so i got back in on tsla and got shaken out. not realizing that the stock kept selling every POP. however the volume was pretty decent but couldnt through the consolidation of green candles. the trend continue to the downside. being that 1160 was a nice level should have waited to see if it would fully bounce or continue to sell off.

trade#3 - got back in 1160 to 1155. this trade was nice and easy- the stock kept slicing through the zones nicely with volume and selling pressure. the zones worked very well on TSLA.

i was taking TSLA with 5 point profit targets to the downside. premiums were a bit out of the money but with decent volume and open interest. ideally for scalping better to be ATM to see bigger premium moves.

looking back at time the premiums did go from $3 to $20


Execution detail:

Date/time Symbol Side Price Position
2022-01-04 10:38:05 7 JAN 22 1120 PUT buy $9.800 long
2022-01-04 10:39:18 7 JAN 22 1120 PUT sell $10.100 0
2022-01-04 10:44:40 7 JAN 22 1100 PUT buy $7.250 long
2022-01-04 10:47:19 7 JAN 22 1100 PUT sell $6.700 0
2022-01-04 10:55:26 7 JAN 22 1100 PUT buy $8.350 long
2022-01-04 10:56:10 7 JAN 22 1100 PUT sell $8.850 0


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