Shared by
yoosh
I did not short quick enough but waited for the breakdown which gave me really bad RR, so each time I thought the stock was turning, I would exit for a small loss. I did this a couple of times and felt like an idiot. I then decided I would hold my options contract, but it was literally at this time that we bounced and I fucking held.
I went from only being down about $15 to $80. Urghh, shorting breakdown is no good. Just like buying breakouts.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-10 09:42:02 | JAN14'22 235 PUT | buy | $1.220 | long |
| 2022-01-10 09:43:29 | JAN14'22 235 PUT | sell | $1.310 | 0 |
| 2022-01-10 09:56:59 | JAN14'22 235 PUT | buy | $1.680 | long |
| 2022-01-10 10:06:26 | JAN14'22 235 PUT | buy | $1.640 | long |
| 2022-01-10 10:08:29 | JAN14'22 235 PUT | sell | $1.520 | long |
| 2022-01-10 10:08:38 | JAN14'22 235 PUT | sell | $1.510 | 0 |
| 2022-01-10 10:10:06 | JAN14'22 235 PUT | buy | $1.640 | long |
| 2022-01-10 10:10:06 | JAN14'22 235 PUT | buy | $1.640 | long |
| 2022-01-10 10:14:59 | JAN14'22 235 PUT | sell | $1.730 | long |
| 2022-01-10 10:15:27 | JAN14'22 235 PUT | sell | $1.650 | 0 |
| 2022-01-10 10:36:17 | JAN14'22 235 PUT | buy | $1.690 | long |
| 2022-01-10 11:17:57 | JAN14'22 235 PUT | sell | $0.9700 | 0 |
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