TSLA Trade on Mar 16, 2022 15:02 from K_Kendall_OT: Tradervue User Stock Trades.

Risk- $50

Stock Variables
o News Catalysis - Fed Announcement
o ATR – 49.67
o Vol - 10M
o RVOL - 1.36
o Float - 843.59M
o SF – 2.91%
o Inst Own – 42.60%
o VIX – 28
o Resistance- R1- 820, R2-830, R3-850
o Support- S1-805, S2-800, S3-785
Stop - Hold Below VWAP

Thesis: Watched the Market Trade down then up on fed news. Determined that if it broke above VWAP I would look for opportunity if TSLA pullback to VWAP.

TRADE - TSLA Broke though VWAP and held above. I was also watching the SPY during this time and The SPY was sitting right below VWAP. One of my reasons to exit was if the SPY failed to retake VWAP. I entered with 1 870 Call contract as TSLA pullback to VWAP. It held above VWAP, but it was slow and I almost exited do to time. I held because I wanted to see if there was going to be a bigger push once it broke VWAP. TSLA gave a slight push and I sold my Call contract at 837

Thoughts: I missed the better trade here. which was when TSLA hit support at 805. I hesitated and missed the entry. I was still concerned about the fed announcement driving the market down. This VWAP trade was still a good one and I felt more comfortable with it.