Trade Detail
julianlopez0421lol@gmail.com's SPY1FEB2023PUT395 Trade -17.00
Trade Details
- Published
-
Feb. 4, 2023, 9:07 p.m.
- Status
- CLOSED
- Portfolio(s)
- Broker
-
None
- Asset
-
Option
- Option Type
-
Call
- Option Strike
-
395.0
- Option Expiration
-
Feb. 1, 2023
- Option Name
-
SPY1FEB2023PUT395230201C395
- Symbol
- Type
-
Long
- Pattern(s)
Auto-generated Chart BETA
Notes
Thesis: I was watching to see if the market would sell off the key level at 4040 which we saw strong volume in the past days.
Market Context: We opened up chopping around the 4040 area so the 4040 area was invalidated
Where/Why did I enter: I entered off a a retest of 4040 following a strong red body candle right below 4040.
Where/Why did I exit: I exited at my stop loss as the trade chopped around the 4040 area and was later on invalidated
How can I improve: I believe this was a bad trade from my end because seeing that the market opened up chopping around my 4040 key level was an indication that it was not respecting that level. If I were to enter puts I should have waited for a larger sell off to then see a retest off that 4040 to indicate the strong selling volume.
Transactions
Date | Side | Amount | Price | Commission | Reg Fee |
Jan. 31, 2023 09:38:25 | Entry | 1.0 | 1.16 | 0.0 | 0.0 |
Jan. 31, 2023 09:45:56 | Exit | 1.0 | 0.99 | 0.0 | 0.0 |