Chart posted on 16th May during the Monday meet up.
Initial stop at $50.
Contract is 40 / 42.50 put debit spread for July 15th
Trade notes: Stop loss is at previous swing high which lines up with prior support (Looking for resistance). Target is based on a prior consolidation area around August 2019.
Chart URL:
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-05-17 16:01:43 | JUL15 22 42.50 PUT | buy | $1.300 | long |
2022-05-17 16:02:16 | JUL15 22 40 PUT | sell | $0.7800 | short |
2022-05-31 15:45:17 | JUL15 22 40 PUT | buy | $0.3200 | 0 |
2022-05-31 15:45:58 | JUL15 22 42.50 PUT | sell | $0.5800 | 0 |
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