SPY Trade on Jun 6, 2022 11:50 from moroccoloco: Tradervue User Stock Trades.

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moroccoloco

 

My Thesis was that the market was going higher today, however that 416 area resistance proved to be very strong. waited for spy to bounce back after it broke the low of the day of the and formed and inverse ttg pattern.

Reason for exiting: First profit target was good but I exited my final position before hitting my final profit target because the spy closed its gap and put in a big wick off bottom and break back over 411 and 411.50 very fast and bids were stepping up. Very good execution overall


Execution detail:

Date/time Symbol Side Price Position
2022-06-06 11:50:12 10 JUN 22 410 PUT buy $3.250 long
2022-06-06 11:54:02 10 JUN 22 410 PUT buy $3.110 long
2022-06-06 12:03:52 10 JUN 22 410 PUT sell $3.680 long
2022-06-06 12:33:03 10 JUN 22 410 PUT sell $4.040 0


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