Shared by
yoosh
Yesterday this stock had strong rejection so I wanted to see more downside. It actually opened up green on the day, so i guess the reason it went up was because shorts were covering their positions.
My first mistake was to short the breakdown and then not sell both my contracts for a $20 loss but only selling one by accident.
Again, this was a continuation play, so I need to wait for a clear sign that this is breaking down. You do't have the be the first person, once you see clear breakdonw then you can get in
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-05 09:33:59 | JAN07'22 155 PUT | buy | $0.8300 | long |
| 2022-01-05 09:34:53 | JAN07'22 155 PUT | sell | $0.7100 | long |
| 2022-01-05 09:40:21 | JAN07'22 155 PUT | sell | $0.4800 | 0 |
| 2022-01-05 09:49:51 | JAN07'22 155 PUT | buy | $0.3900 | long |
| 2022-01-05 09:49:51 | JAN07'22 155 PUT | buy | $0.3900 | long |
| 2022-01-05 09:52:21 | JAN07'22 155 PUT | sell | $0.3200 | 0 |
| 2022-01-05 09:54:31 | JAN07'22 155 PUT | buy | $0.3900 | long |
| 2022-01-05 09:58:08 | JAN07'22 155 PUT | sell | $0.4100 | 0 |
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