Premarket plan: I'd wait for $AAPL to reach the -61.8% Fibonacci key level -$166.50- to take my entry with a Put Option, with a stop-loss at the $167.00 level, and a take profit at the $165.00 level.
Projected R:R Ratio: 3:1
Actual R:R Ratio: 3:1
Stop-loss: $164.00 (Non-taken)
Entry level: $164.50
Take profit level: $164.50
Second entry: None.
Trail-stop: Daily Open Price.
Plan respected? No/Yes.
What did I do different from my premarket plan? I took the other side of the trade.
If I did not followed my plan, what could've or should've I done differently on this trade? Nothing.
Comments: As $AAPL opened at a reasonable level to take a Call Option, just were I analyzed could be a good level to prove a change on the trend, and also a good risk management was on place.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-02-22 10:33:33 | AAPL04 03 165 CALL | buy | $3.550 | long |
2022-02-22 10:53:47 | AAPL04 03 165 CALL | sell | $4.050 | 0 |
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