AAPL Trade on Jul 15, 2022 09:38 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: $AAPL has a strong and healthy bull trend on all time frames. Today, I'd wait for a pullback to the $149.00 level to take my entry with a Call Option, with a stop-loss at this same level break-down, and a take-profit at the $150.50 level.

Contract selection: Only multiples of 5, as these contracts have a higher Open Interest, tighter spread, and a better correlation between Delta & Theta. Usually Delta doubles the Theta.

Projected R:R Ratio: 1:3

Actual R:R Ratio: 1:3

Stop-loss: $149.78 -Daily Open Price-

Entry level: $150.00

Take profit level: $151.50 (Non-taken)

Second entry: $149.20 -200EMA 1min time frame-, Stop-loss: $149.00, Take-profit: $150.00 (Non-taken), R:R Ratio: 1:2.

Trail-stop: None.

Plan respected? No.

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 level.

Comments: My trade was made on systematical entries. My first entry was based on the strong level $150.00 paired with the 22EMA in the 1min time frame, and I used as a stop-loss the Daily Open Price level/study at $149.78. And my second entry, was based on the same level that I planned on pre-market session, but a little bit higher at the 200EMA, as I thought it could be used as a support for rejection. Not profitable trades, but great management.


Execution detail:

Date/time Symbol Side Price Position
2022-07-15 09:38:47 AAPL22 07 155 CALL buy $0.8300 long
2022-07-15 09:39:25 AAPL22 07 155 CALL sell $0.7100 0
2022-07-15 09:45:15 AAPL22 07 155 CALL buy $0.6400 long
2022-07-15 09:46:11 AAPL22 07 155 CALL sell $0.6000 0


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