Premarket plan: $AAPL opened the pre-market today with a very marked downtrend, and it touched the 200 EMA in the 4H time frame, where I think it could make a reversal on the price and change it's trend. I'd take an entry at the $169.50/$170.00 key levels with a Put Option, with a stop-loss at the $170.00 breakout, and a take-profit at the $167.50 level.
R:R Ratio: 4:1
Stop-loss: $171.50 (Non-taken)
Entry level: $171.00
Take profit level: $169.50
Second entry: $170.00 breakdown.
Trail-stop: 200 EMA -$170.25-
Plan respected? Yes.
What did I do different from my premarket plan? Nothing.
If I did not followed my plan, what could've or should've I done differently on this trade? Nothing.
Comments: $AAPL did something very unexpected and did a rally of almost $3.00 dollars in just one candle, I saw this as an opportunity of taking my entry with a much better risk-management than planned.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-10 10:30:27 | AAPL21 01 170 PUT | buy | $3.350 | long |
2022-01-10 10:35:42 | AAPL21 01 170 PUT | buy | $3.950 | long |
2022-01-10 10:39:38 | AAPL21 01 170 PUT | sell | $3.960 | 0 |
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