Shared by
rightsideofrandom
Type of day: I was anticipating a trend day based on Friday's HOD bumping up against a support level from the last leg down and yesterday's choppy price action.
Time of Day: For my opening bell trade I was really looking at how SPY would behave around 390 (Friday's HOD) and 391.5 (pre-market high set before Monday's session).
Gameplan: Based on pre-market action, I planned to enter if I saw a clear pivot above or below 390. I entered long when the opening 1-min kissed 390 and didn't look back. I was expecting a test above 391.5 so I took off 2/3 and re-entered when it looked like it could be consolidating.
After the opening reject I went short after breaking 390.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-28 09:31:13 | JUN29 22 391 CALL | buy | $2.870 | long |
| 2022-06-28 09:32:50 | JUN29 22 391 CALL | sell | $3.610 | long |
| 2022-06-28 09:33:42 | JUN29 22 391 CALL | sell | $3.850 | long |
| 2022-06-28 09:41:15 | JUN29 22 393 CALL | buy | $2.650 | long |
| 2022-06-28 09:42:21 | JUN29 22 393 CALL | sell | $2.660 | 0 |
| 2022-06-28 09:43:24 | JUN29 22 391 CALL | sell | $3.560 | 0 |
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