SPY Trade on Jun 21, 2022 10:08 from christinaho: Tradervue User Stock Trades.

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christinaho

 

Today was the first day back from a 3 day weekend. I saw the overall market was green in the pre-market. SPY was up about 2% already, so I was leaning towards calls near the open but I wanted to wait for the stock to come down a little bit. The first 2 min candle was green and pulled back a little to VWAP. I set an order to buy in calls, but I did not get filled as SPY kept pushing green candles. After the "pullback" there was a strong red candle, but it did not quite touch the VWAP, so I did not get filled again. I could start to feel myself getting anxious and eager to get into a trade(calls), but I told myself to not chase. It took me long to get in this trade, and when I did it was starting to get choppy. I did not hold for long, and sold at the next push up. Overall, this was a good trade but I struggled and hesitated when trying to find a good entry since the move up was so strong at the start of the day.

Side note: I gave Ryan a signal today for SPY calls when the stock was kind of in a downtrend and far from VWAP. This was a mistake, I should have waited for the price to be closer to VWAP or in an uptrend. I did tell him to cut at a certain point early on, but I should not have told him to take this trade in the first place. He ended up getting stopped out, so this is something to keep in mind.


Execution detail:

Date/time Symbol Side Price Position
2022-06-21 10:08:23 21 JUN 22 378 CALL buy $0.4000 long
2022-06-21 10:08:23 21 JUN 22 378 CALL buy $0.4000 long
2022-06-21 10:08:44 21 JUN 22 378 CALL buy $0.4000 long
2022-06-21 10:23:46 21 JUN 22 378 CALL sell $0.5000 long
2022-06-21 10:23:46 21 JUN 22 378 CALL sell $0.5000 0


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