Shared by
ricky_trades
1st TRADE saw market selling off and spx moved and had about 4-5 candles red. GOT OUT FAST BY HOVERING OVER THE ACTIVE TRADER ON THINK OR SWIM. $10 LOSS. 4685 level was key for short term reversal. spy couldnt make it to PM HIGH or yesterday high. got short position at the open.
2nd TRADE- GOT IN AT A KEY LEVEL OF AROUND 4685 WHICH WAS SHOWING A STRONG LEVEL TO REVERSE IN WHICH IT DID. DID NOT NOTE THAT LEVEL 4685. DID SEE SPY BREAK ABOVE and up to VWAP AND GOT OUT. WAS JUST WANTING TO CAPTURE THAT SHORT MOVE BUT IT WAS ALREADY OVER AND REVERSED HARD. I KEEP CAPTURING THESE MOVES TOO LATE. WHEN THE MARKET OPEN SAW SELLING HAPPENING SHOULD HAVE GOTTEN IN THEN TO CAPTURE A SMALL PIECE.
3RD TRADE- GOT IN A REJECTION AREA.
SAW THAT THE STOCK WAS NOT GETTING OVER 4705
SPY OCULDNT GET ABOVE PM HIGH OR YESTERDAYS HIGH.
4th trade- was watching yesterdays LOW OF SPX 4672 and SPY AND IT WENT INTO THE NEXT ZONE I HAD AT AROUND $4660
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-07 09:35:05 | 7 JAN 22 4650 PUT | buy | $3.700 | long |
| 2022-01-07 09:36:15 | 7 JAN 22 4650 PUT | sell | $3.600 | 0 |
| 2022-01-07 09:37:01 | 7 JAN 22 4650 PUT | buy | $4.000 | long |
| 2022-01-07 09:41:23 | 7 JAN 22 4650 PUT | sell | $2.250 | 0 |
| 2022-01-07 10:01:54 | 7 JAN 22 4675 PUT | buy | $4.700 | long |
| 2022-01-07 10:07:30 | 7 JAN 22 4675 PUT | sell | $5.300 | 0 |
| 2022-01-07 10:51:23 | 7 JAN 22 4650 PUT | buy | $5.800 | long |
| 2022-01-07 10:52:30 | 7 JAN 22 4650 PUT | sell | $7.500 | 0 |
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