julianlopez0421lol@gmail.com's SPY3FEB2023PUT408 Trade 1.00

Trade Detail

julianlopez0421lol@gmail.com's SPY3FEB2023PUT408 Trade 1.00

Trade Details

Published

Feb. 4, 2023, 8:35 p.m.


Status
CLOSED

Portfolio(s)


Broker

None

Asset

Option

Option Type

Call

Option Strike

408.0

Option Expiration

Feb. 4, 2023

Option Name

SPY3FEB2023PUT408230204C408

Symbol

SPY3FEB2023PUT408 - View rating


Type

Long

Pattern(s)

Trend Continuation,

Featured Image / Proof

Stats

Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $ P&L With Fees
1.0 1.01 0.0 1.0 1.0 1.00% 1.00 1.00

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Notes

Thesis: Rally into daily supply where we have seen a huge selloff everytime we hit that area, put higher lows and lower lows for a selloff targeting buyers that we saw on FOMC day at 4035. Also wanted to see VX to rally off weekly demand. 

Market Context: We saw ES putting in higher lows and lower lows at supply and saw a small rally from VX. TAPE was pretty dry and had nothing of interest.

Where/Why did I enter: I entered off a third retest of the higher low continuation as I was confident that we would show a strong selloff after failing to break highs. 

Where/Why did I exit: I exited after I saw that we could not see aggresive selling continuation at the lows. I moved my stop loss where I could be breakeven and prevent the trade from going against me. The TAPE was really empty and dry so that is why I moved the stop loss.

How can I improve: I believe it was a solid trade and especially noticing that the tape was really slow and empty was a good indication to move the stop loss for a breakeven trade. I would have not liked to take a long trade at supply.

 

 

 

 

Transactions

Date Side Amount Price Commission Reg Fee
Feb. 02, 2023 10:05:04 Entry 1.0 1.0 0.0 0.0
Feb. 02, 2023 10:15:14 Exit 1.0 1.01 0.0 0.0

QQQ240326C00444000 7.00

Portfolio(s): Day trades WB,
Last entry March 25, 2024, 10:05 a.m.

/MNQ 218.24

Portfolio(s): BULENOX-Prueba BLX10263-1,
Last entry March 14, 2023, 8:39 a.m.

MOTS 1.91

Portfolio(s): Toby,
Last entry Sept. 29, 2022, 9:21 a.m.



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