Shared by
rightsideofrandom
Big picture: Fed minutes yesterday didn't offer any surprises. Weekly Jobless claims released this morning are up slightly, perhaps a bullish sign that an input to the Fed's plan to fight inflation is working? Boris Johnson resigns in the UK though not sure that matters at all.
SPY premarket: Trading between yesterday's HOD at 383 with a bounce of 382. VIX 26.5, down from yesterday.
Type of Day outlook: Based on premarket and no neg news it looks like a trend day to the upside. The open looks like it will test yesterday's HOD and from there I'm looking for it to run or test back to yesterday's close at 383.
Gameplan: I plan to buy in the first minute as long as the tape isn’t showing we’re going to wick down. I want to lock in some profits quick and then I’ll be willing to buy back if it looks like it’s going to go rather than reverse.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-07-07 09:30:31 | JUL11 22 387 CALL | buy | $3.040 | long |
| 2022-07-07 09:30:31 | JUL11 22 387 CALL | buy | $3.040 | long |
| 2022-07-07 09:34:39 | JUL11 22 387 CALL | sell | $3.390 | long |
| 2022-07-07 09:34:39 | JUL11 22 387 CALL | sell | $3.390 | long |
| 2022-07-07 09:52:38 | JUL11 22 387 CALL | sell | $3.610 | 0 |
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