$520 Profit
SPYLong Option

Entered anticipating a bounce of S/R level $738.55. I was a few minutes early as better volume with a retest and break of this level happened 10 minutes later. It would rocket to the top of the hour breaking a former ATH $740.80 and would reject with a blow off top green candle with the highest volume of the morning at $741.42. I got out as soon as it started to top wick with this extreme volume anticipating some pullback
Newsletters:TimChallenge
Broker:Robinhood
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| Date | Price | |
|---|---|---|
| Entry | 5/18/2026 | 0.55 |
| Exit | 5/18/2026 | 1.07 |
- Total Views13
- Position Size10
- Percentage94.55%
- Option TypeCALL
- Strike742.0
- Expiration5/18/2026
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