Shared by
ldbobby
Grades
Plan - A
Setup - A
Traded - A-
Size(S/M/L/TM[Too Much]) - L
Entry - A
Exit - A
Feelings - A
Levels
278-280/270-272
Thesis/Plan
Market reacted well to a good CPI and PPI. TSLA traded in a tight range between 271s-275 on Wed 7/12. I was looking for a dip towards 270, 267 worst case. Got a bit of a base at 271 and started in with a risk to 270. Plan on 7/14 was to look for TSLA to base and then add to exiting calls. Target was 285.
Good
7/13 - Started in small and captured majority of the move for the day without much profit taking. Reduced positions before the close to reduce overnight risk.
7/14 - Identified the dip and bounce around 276.5 where I added to my positions. Sold most near the top around 285s.
Bad
7/14 - Overtraded this one a bit, though there were a lot of wicks on the 5m chart. Overtraded probably due to too much size.
Summary
Anticipated TSLA to push towards 285 and potentially higher with the market pushing and earnings next Wednesday. Had two great entries on 7/13 and 7/14 on dips to 271 and 276 respectively. Friday 7/14 TSLA had a slow ramp, that likely was killing 0DTE premiums. Fortunately I was trading 7DTE and 14DTE. Overtraded them though due to a bit too much size relative to the lack of momentum.
How would you play this trade next time?
Should've traded less on Fri 7/14.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2023-07-13 10:51:00 | JUL21 23 300 CALL | 3 | $3.150 | 3 |
| 2023-07-13 10:51:00 | JUL21 23 300 CALL | 2 | $3.150 | 5 |
| 2023-07-13 11:59:00 | JUL21 23 300 CALL | 3 | $3.160 | 8 |
| 2023-07-13 11:59:00 | JUL21 23 300 CALL | 2 | $3.160 | 10 |
| 2023-07-13 12:02:00 | JUL21 23 300 CALL | 4 | $3.170 | 14 |
| 2023-07-13 12:02:00 | JUL21 23 300 CALL | 1 | $3.170 | 15 |
| 2023-07-13 12:02:00 | JUL21 23 300 CALL | 3 | $3.170 | 18 |
| 2023-07-13 12:02:00 | JUL21 23 300 CALL | 2 | $3.170 | 20 |
| 2023-07-13 14:48:00 | JUL14 23 280 CALL | 5 | $2.060 | 5 |
| 2023-07-13 14:51:00 | JUL14 23 280 CALL | 5 | $2.340 | 10 |
| 2023-07-13 14:51:00 | JUL14 23 280 CALL | 10 | $2.360 | 20 |
| 2023-07-13 14:51:00 | JUL21 23 300 CALL | 10 | $4.520 | 30 |
| 2023-07-13 14:51:00 | JUL21 23 300 CALL | 10 | $4.520 | 40 |
| 2023-07-13 14:53:00 | JUL21 23 300 CALL | -1 | $4.600 | 39 |
| 2023-07-13 14:53:00 | JUL21 23 300 CALL | -7 | $4.600 | 32 |
| 2023-07-13 14:53:00 | JUL21 23 300 CALL | -1 | $4.600 | 31 |
| 2023-07-13 14:53:00 | JUL21 23 300 CALL | -1 | $4.600 | 30 |
| 2023-07-13 14:53:00 | JUL14 23 280 CALL | -5 | $2.520 | 15 |
| 2023-07-13 14:54:00 | JUL14 23 280 CALL | -1 | $2.430 | 14 |
| 2023-07-13 14:54:00 | JUL14 23 280 CALL | -1 | $2.430 | 13 |
| 2023-07-13 14:54:00 | JUL14 23 280 CALL | -3 | $2.450 | 10 |
| 2023-07-13 14:55:00 | JUL21 23 300 CALL | -10 | $4.620 | 20 |
| 2023-07-13 14:55:00 | JUL14 23 280 CALL | -2 | $2.370 | 8 |
| 2023-07-13 14:55:00 | JUL14 23 280 CALL | -2 | $2.370 | 6 |
| 2023-07-13 14:55:00 | JUL14 23 280 CALL | -2 | $2.370 | 4 |
| 2023-07-13 14:55:00 | JUL14 23 280 CALL | -2 | $2.370 | 2 |
| 2023-07-13 14:55:00 | JUL14 23 280 CALL | -2 | $2.370 | 0 |
| 2023-07-14 09:31:00 | JUL21 23 300 CALL | 3 | $4.030 | 23 |
| 2023-07-14 09:31:00 | JUL21 23 300 CALL | 2 | $4.030 | 25 |
| 2023-07-14 09:32:00 | JUL21 23 300 CALL | 5 | $4.100 | 30 |
| 2023-07-14 09:32:00 | JUL21 23 300 CALL | 5 | $4.100 | 35 |
| 2023-07-14 09:36:00 | JUL21 23 300 CALL | 10 | $4.430 | 45 |
| 2023-07-14 09:38:00 | JUL21 23 300 CALL | 10 | $4.430 | 55 |
| 2023-07-14 09:58:00 | JUL21 23 300 CALL | -3 | $4.600 | 52 |
| 2023-07-14 09:58:00 | JUL21 23 300 CALL | -2 | $4.600 | 50 |
| 2023-07-14 09:59:00 | JUL21 23 300 CALL | 5 | $4.790 | 55 |
| 2023-07-14 09:59:00 | JUL21 23 300 CALL | 5 | $4.790 | 60 |
| 2023-07-14 10:07:00 | JUL21 23 300 CALL | 2 | $4.340 | 62 |
| 2023-07-14 10:07:00 | JUL21 23 300 CALL | 1 | $4.340 | 63 |
| 2023-07-14 10:07:00 | JUL21 23 300 CALL | 1 | $4.340 | 64 |
| 2023-07-14 10:07:00 | JUL21 23 300 CALL | 1 | $4.340 | 65 |
| 2023-07-14 10:07:00 | JUL21 23 300 CALL | 5 | $4.330 | 70 |
| 2023-07-14 10:12:00 | JUL21 23 300 CALL | -10 | $4.470 | 60 |
| 2023-07-14 10:12:00 | JUL21 23 300 CALL | -10 | $4.480 | 50 |
| 2023-07-14 10:12:00 | JUL21 23 300 CALL | -6 | $4.460 | 44 |
| 2023-07-14 10:12:00 | JUL21 23 300 CALL | -4 | $4.460 | 40 |
| 2023-07-14 10:36:00 | JUL21 23 300 CALL | 1 | $4.300 | 41 |
| 2023-07-14 10:36:00 | JUL21 23 300 CALL | 2 | $4.300 | 43 |
| 2023-07-14 10:36:00 | JUL21 23 300 CALL | 2 | $4.300 | 45 |
| 2023-07-14 10:36:00 | JUL21 23 300 CALL | 3 | $4.300 | 48 |
| 2023-07-14 10:36:00 | JUL21 23 300 CALL | 2 | $4.300 | 50 |
| 2023-07-14 10:37:00 | JUL21 23 300 CALL | -1 | $4.220 | 49 |
| 2023-07-14 10:37:00 | JUL21 23 300 CALL | -10 | $4.220 | 39 |
| 2023-07-14 10:37:00 | JUL21 23 300 CALL | -14 | $4.220 | 25 |
| 2023-07-14 10:37:00 | JUL21 23 300 CALL | -1 | $4.200 | 24 |
| 2023-07-14 10:37:00 | JUL21 23 300 CALL | -1 | $4.200 | 23 |
| 2023-07-14 10:37:00 | JUL21 23 300 CALL | -23 | $4.240 | 0 |
| 2023-07-14 10:38:00 | JUL21 23 300 CALL | 2 | $4.120 | 2 |
| 2023-07-14 10:38:00 | JUL21 23 300 CALL | 3 | $4.120 | 5 |
| 2023-07-14 10:38:00 | JUL21 23 300 CALL | 5 | $4.150 | 10 |
| 2023-07-14 10:41:00 | JUL21 23 300 CALL | 5 | $4.150 | 15 |
| 2023-07-14 10:42:00 | JUL21 23 300 CALL | 5 | $4.150 | 20 |
| 2023-07-14 10:47:00 | JUL21 23 300 CALL | -2 | $3.900 | 18 |
| 2023-07-14 10:47:00 | JUL21 23 300 CALL | -1 | $3.900 | 17 |
| 2023-07-14 10:47:00 | JUL21 23 300 CALL | -1 | $3.900 | 16 |
| 2023-07-14 10:47:00 | JUL21 23 300 CALL | -1 | $3.910 | 15 |
| 2023-07-14 10:47:00 | JUL21 23 300 CALL | -1 | $3.910 | 14 |
| 2023-07-14 10:47:00 | JUL21 23 300 CALL | -4 | $3.910 | 10 |
| 2023-07-14 10:47:00 | JUL21 23 300 CALL | -10 | $3.900 | 0 |
| 2023-07-14 10:55:00 | JUL21 23 300 CALL | 5 | $4.100 | 5 |
| 2023-07-14 10:55:00 | JUL21 23 300 CALL | 5 | $4.100 | 10 |
| 2023-07-14 11:16:00 | JUL21 23 300 CALL | -5 | $4.150 | 5 |
| 2023-07-14 11:16:00 | JUL21 23 300 CALL | -5 | $4.150 | 0 |
| 2023-07-14 11:49:00 | JUL28 23 325 CALL | 9 | $2.650 | 9 |
| 2023-07-14 11:49:00 | JUL28 23 325 CALL | 1 | $2.650 | 10 |
| 2023-07-14 11:49:00 | JUL28 23 325 CALL | 5 | $2.640 | 15 |
| 2023-07-14 11:49:00 | JUL28 23 325 CALL | 5 | $2.640 | 20 |
| 2023-07-14 11:49:00 | JUL21 23 300 CALL | 5 | $4.600 | 5 |
| 2023-07-14 11:49:00 | JUL21 23 300 CALL | 5 | $4.600 | 10 |
| 2023-07-14 11:52:00 | JUL28 23 325 CALL | 8 | $2.850 | 28 |
| 2023-07-14 11:52:00 | JUL28 23 325 CALL | 2 | $2.840 | 30 |
| 2023-07-14 11:52:00 | JUL28 23 325 CALL | 10 | $2.850 | 40 |
| 2023-07-14 11:52:00 | JUL14 23 282.50 CALL | 20 | $0.9900 | 20 |
| 2023-07-14 11:52:00 | JUL14 23 282.50 CALL | 1 | $1.020 | 21 |
| 2023-07-14 11:52:00 | JUL14 23 282.50 CALL | 16 | $1.020 | 37 |
| 2023-07-14 11:52:00 | JUL14 23 282.50 CALL | 3 | $1.020 | 40 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 1 | $5.100 | 11 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 3 | $5.100 | 14 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 3 | $5.100 | 17 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 3 | $5.100 | 20 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 7 | $5.100 | 27 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 1 | $5.100 | 28 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 2 | $5.150 | 30 |
| 2023-07-14 11:53:00 | JUL21 23 300 CALL | 20 | $5.050 | 50 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -9 | $0.8000 | 31 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -9 | $0.8000 | 22 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -1 | $0.8000 | 21 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -1 | $0.8000 | 20 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -3 | $0.8200 | 17 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -1 | $0.8200 | 16 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -1 | $0.8200 | 15 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -8 | $0.8200 | 7 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -5 | $0.8200 | 2 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -1 | $0.8200 | 1 |
| 2023-07-14 11:54:00 | JUL14 23 282.50 CALL | -1 | $0.8200 | 0 |
| 2023-07-14 11:57:00 | JUL21 23 300 CALL | -4 | $5.300 | 46 |
| 2023-07-14 11:57:00 | JUL21 23 300 CALL | -1 | $5.300 | 45 |
| 2023-07-14 11:57:00 | JUL21 23 300 CALL | -2 | $5.320 | 43 |
| 2023-07-14 11:57:00 | JUL21 23 300 CALL | -3 | $5.320 | 40 |
| 2023-07-14 12:04:00 | JUL21 23 300 CALL | -2 | $5.410 | 38 |
| 2023-07-14 12:04:00 | JUL21 23 300 CALL | -3 | $5.410 | 35 |
| 2023-07-14 12:04:00 | JUL21 23 300 CALL | -1 | $5.450 | 34 |
| 2023-07-14 12:04:00 | JUL21 23 300 CALL | -1 | $5.450 | 33 |
| 2023-07-14 12:04:00 | JUL21 23 300 CALL | -1 | $5.450 | 32 |
| 2023-07-14 12:04:00 | JUL21 23 300 CALL | -2 | $5.450 | 30 |
| 2023-07-14 12:07:00 | JUL21 23 300 CALL | -5 | $5.400 | 25 |
| 2023-07-14 12:07:00 | JUL21 23 300 CALL | -5 | $5.350 | 20 |
| 2023-07-14 12:11:00 | JUL28 23 325 CALL | -5 | $3.300 | 35 |
| 2023-07-14 12:11:00 | JUL28 23 325 CALL | -1 | $3.310 | 34 |
| 2023-07-14 12:11:00 | JUL28 23 325 CALL | -2 | $3.310 | 32 |
| 2023-07-14 12:11:00 | JUL28 23 325 CALL | -2 | $3.310 | 30 |
| 2023-07-14 12:16:00 | JUL14 23 285 CALL | 20 | $0.6500 | 20 |
| 2023-07-14 12:16:00 | JUL14 23 285 CALL | 3 | $0.6400 | 23 |
| 2023-07-14 12:16:00 | JUL14 23 285 CALL | 3 | $0.6400 | 26 |
| 2023-07-14 12:16:00 | JUL14 23 285 CALL | 7 | $0.6400 | 33 |
| 2023-07-14 12:16:00 | JUL14 23 285 CALL | 7 | $0.6400 | 40 |
| 2023-07-14 12:17:00 | JUL14 23 285 CALL | -20 | $0.7000 | 20 |
| 2023-07-14 12:17:00 | JUL14 23 285 CALL | -20 | $0.6900 | 0 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -10 | $5.620 | 10 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -4 | $5.600 | 6 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -1 | $5.600 | 5 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -1 | $5.600 | 4 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -1 | $5.600 | 3 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -1 | $5.600 | 2 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -1 | $5.600 | 1 |
| 2023-07-14 12:30:00 | JUL21 23 300 CALL | -1 | $5.600 | 0 |
| 2023-07-14 12:30:00 | JUL28 23 325 CALL | -15 | $3.370 | 15 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | -5 | $3.300 | 10 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | -5 | $3.300 | 5 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | -1 | $3.300 | 4 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | -2 | $3.320 | 2 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | -1 | $3.330 | 1 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | -1 | $3.330 | 0 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | 5 | $3.390 | 5 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | 5 | $3.390 | 10 |
| 2023-07-14 12:31:00 | JUL28 23 325 CALL | 10 | $3.390 | 20 |
| 2023-07-14 12:33:00 | JUL21 23 300 CALL | 5 | $5.850 | 5 |
| 2023-07-14 12:33:00 | JUL21 23 300 CALL | 5 | $5.850 | 10 |
| 2023-07-14 12:39:00 | JUL21 23 300 CALL | 1 | $6.100 | 11 |
| 2023-07-14 12:39:00 | JUL21 23 300 CALL | 4 | $6.090 | 15 |
| 2023-07-14 12:39:00 | JUL21 23 300 CALL | 5 | $6.090 | 20 |
| 2023-07-14 12:46:00 | JUL28 23 325 CALL | -10 | $3.770 | 10 |
| 2023-07-14 12:46:00 | JUL28 23 325 CALL | -7 | $3.750 | 3 |
| 2023-07-14 12:46:00 | JUL28 23 325 CALL | -3 | $3.750 | 0 |
| 2023-07-14 12:47:00 | JUL21 23 300 CALL | -1 | $6.240 | 19 |
| 2023-07-14 12:47:00 | JUL21 23 300 CALL | -1 | $6.200 | 18 |
| 2023-07-14 12:47:00 | JUL21 23 300 CALL | -5 | $6.200 | 13 |
| 2023-07-14 12:47:00 | JUL21 23 300 CALL | -1 | $6.240 | 12 |
| 2023-07-14 12:47:00 | JUL21 23 300 CALL | -10 | $6.250 | 2 |
| 2023-07-14 12:47:00 | JUL21 23 300 CALL | -1 | $6.240 | 1 |
| 2023-07-14 12:47:00 | JUL21 23 300 CALL | -1 | $6.240 | 0 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 1 | $6.330 | 1 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 4 | $6.330 | 5 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 2 | $6.330 | 7 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 1 | $6.330 | 8 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 2 | $6.330 | 10 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 1 | $6.350 | 11 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 5 | $6.350 | 16 |
| 2023-07-14 12:49:00 | JUL21 23 300 CALL | 4 | $6.340 | 20 |
| 2023-07-14 12:49:00 | JUL28 23 325 CALL | 4 | $3.800 | 4 |
| 2023-07-14 12:49:00 | JUL28 23 325 CALL | 1 | $3.800 | 5 |
| 2023-07-14 12:49:00 | JUL28 23 325 CALL | 2 | $3.800 | 7 |
| 2023-07-14 12:49:00 | JUL28 23 325 CALL | 1 | $3.800 | 8 |
| 2023-07-14 12:49:00 | JUL28 23 325 CALL | 2 | $3.800 | 10 |
| 2023-07-14 12:49:00 | JUL28 23 325 CALL | 10 | $3.790 | 20 |
| 2023-07-14 13:05:00 | JUL28 23 325 CALL | -10 | $3.390 | 10 |
| 2023-07-14 13:06:00 | JUL28 23 325 CALL | -3 | $3.350 | 7 |
| 2023-07-14 13:06:00 | JUL28 23 325 CALL | -3 | $3.350 | 4 |
| 2023-07-14 13:06:00 | JUL28 23 325 CALL | -4 | $3.350 | 0 |
| 2023-07-14 13:06:00 | JUL21 23 300 CALL | -10 | $5.500 | 10 |
| 2023-07-14 13:06:00 | JUL21 23 300 CALL | -1 | $5.500 | 9 |
| 2023-07-14 13:06:00 | JUL21 23 300 CALL | -4 | $5.500 | 5 |
| 2023-07-14 13:06:00 | JUL21 23 300 CALL | -5 | $5.500 | 0 |
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