Shared by
yoosh
Yesterday this stock closed below key levels of resistance, so I thought today we would retest and then head down.
I got a good entry, I did chase the red candle though for the stock to go higher for a bit, but overall the area was good. As we broken the previous day close, I took my profits, but I watched this go down soooo much further which sucked.
I took another entry while I saw some sort of flag, but I think this was a chase entry and I should not have done it so early. Normally after a big up or donw move, I need to expect consolidation before entring. If I had done that I might have got a better entry for my PUTS.
I could not get exitted quick enough in the morning as the puts opened at $3.50 and went down so quick. I had market orders and they were not filling.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-02-23 09:35:14 | FEB25'22 25 PUT | buy | $0.6000 | long |
| 2022-02-23 09:51:26 | FEB25'22 25 PUT | sell | $0.8600 | 0 |
| 2022-02-23 10:19:40 | FEB25'22 25 PUT | buy | $1.100 | long |
| 2022-02-24 09:32:36 | FEB25'22 25 PUT | sell | $2.280 | long |
| 2022-02-24 09:32:37 | FEB25'22 25 PUT | sell | $2.300 | 0 |
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