4/14/22 trades
spx #1
vix was forming ascending triangle
things shoit up then hit a supply zone
shot back down
economic news came out today
took a quick play from 4445 area supply zone
spx #2
entry not great
due to us being in a demand zone
although i didnt see any aggressive buyers on tape
i think for now we are taking profits and we will continue another leg lower
the buyers have have slowed down
but being at a demand zone anything is possible
this was not a good entry
vix is indecisive
creating a bearflag on the 5-15 min charts
huge fight at level 4420 do not see any major buyers til 4400
volume seems to be slowing down for buyers
i moved way to quick to get into this position
still holding as im not seeing as much strength
cheddar flow showing a 3.5 million puts side
rejected 50 sma
way out the money
held all day
terrible
we made it down to 4400 but the movement of these were too slow and barely paid.
the premium got crushed with consolidations and choppiness legs down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-04-14 10:05:32 | 14 APR 22 4400 PUT | buy | $2.850 | long |
2022-04-14 10:05:55 | 14 APR 22 4400 PUT | sell | $3.200 | 0 |
2022-04-14 10:10:15 | 14 APR 22 4385 PUT | buy | $3.600 | long |
2022-04-14 15:54:50 | 14 APR 22 4385 PUT | sell | $0.3500 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!