Premarket plan: $AAPL has been rejecting the 200EMA in the 4H time frame. Today, I'd wait for a pullback to the $143.00 level to take my entry with a Call Option, with a stop-loss at this same level breakdown, and a take-profit at the $144.50 level.
Projected R:R Ratio: 1:3
Actual R:R Ratio: 1:3
Stop-loss: $144.00
Entry level: $144.00
Take profit level: $145.50 (Non-taken)
Second entry: None.
Trail-stop: None.
Plan respected? Yes.
What did I do different from my premarket plan? I took my entry earlier.
If I did not followed my plan, what could've or should've I done differently on this trade? I should have waited for my planned entry to come to me.
Comments: I almost thought to take an entry on the opposite direction, at the $144.50 level where it had a rejection at the open. However, I wanted to stick to my planned direction.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-07-14 09:33:43 | AAPL22 07 150 CALL | buy | $0.9200 | long |
2022-07-14 09:34:19 | AAPL22 07 150 CALL | sell | $0.8700 | 0 |
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