Big orders coming in EOD yesterday on $260 calls expiring today. Played it safe with $255c expiring Monday. Sold 10 before the close yesterday at 3.95, the others in the first five minutes of the market today at 5, 5.4, 6.3, 6.31, 6.65. And then I walked away, as I've been working on!
Fourth trade - deeper dip buy and bigger bounce. Smaller size as ticker looks overextended. (Post-trade note: After I exited, ticker broke out to a new all-time high.)
Third trade - continued strength. Bough a dip off highs, sold when momo waned.
Second trade. Dip off high. Still think it can break out. Entered on a dip, lower than my first trade exit, and sold into a pop. Frustratingly choppy.
Watching for break of all-time high
Third trade, same strategy: entry at PM/intraday support, exit into strength. Smaller size due to midday timing and fact ticker couldn't convincingly break $254. This time it did, and I got the bigger bounce I wanted.
Exact same trade as the previous one - same entry price at support. Bigger bounce this time. Exited into little pops in the chop 10 contracts at a time: 2.89, 2.94, 2.95, 3.04, 2.90. Solid discipline.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
