NVDA Trade on Feb 18, 2022 09:44 from upsman5034: Tradervue User Stock Trades.

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upsman5034

 

NVDA opened up about even on Friday from the day before. It then started trending up to that 248 key level. I wanted to short it but wasnt sure and was busy at work. 5 min later I open it back up and saw that it dropped big time from that key level. Frustrated with myself that I missed it I started stalking another option. It was trading around the 240 key level that I had set and I opened up an option to the downside from there. 2 things with this. It was either going to fall straight through that key level or it was going to bounce big off of it(which I definitely kept in mind). Well it did the latter and before I knew it I was down a few hundred dollars. Although I had no business putting on as much size as I did; for some reason I had no emotion and was comfortable with accepting 0. At one point I was down over $400 and thought about closing it out but laughed at myself and said that is stupid. Its 11 oclock you have all day for something to happen. I started my drive home and kept paying attention. I really wish I would have just drove home. During this time I kept a close eye on /NQ which told me exactly what NVDA was going to do. It turns out that my trade was correct. Unfortunately I closed out of my trade too early (just excited to come out green) instead of seeing my trade follow through like I thought it would. (Lesson learned there as well) I do believe that it 3x itself. UNDERSTAND that your key levels are there for a reason and learn how to trade off of them. No reason to create them if you arent going to use them properly. Also UNDERSTAND the way the sectors control the names within the market. /NQ to NVDA direct correlation.
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Execution detail:

Date/time Symbol Side Price Position
2022-02-18 09:44:05 18 FEB 22 230 PUT buy $0.7000 long
2022-02-18 09:44:05 18 FEB 22 230 PUT buy $0.7000 long
2022-02-18 09:44:05 18 FEB 22 230 PUT buy $0.7000 long
2022-02-18 10:11:31 18 FEB 22 230 PUT sell $0.7500 long
2022-02-18 10:11:31 18 FEB 22 230 PUT sell $0.7500 long
2022-02-18 10:11:32 18 FEB 22 230 PUT sell $0.7500 long
2022-02-18 10:11:32 18 FEB 22 230 PUT sell $0.7500 long
2022-02-18 10:11:32 18 FEB 22 230 PUT sell $0.7500 0


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