3/3: taking some 3/13 call options for 22 price target. Very possible in 2 weeks with an average ATR at 2.2. Stock price very undervalued. Would like to see uptrend on stock continue, stay over 19 possibly 20 today. Had to cut for bigger loss than planned. Position size in conjunction with entry spot and overall momentum of sector missing, options are more risky and lead to big rewards and also bigger losses. Need to take this as a lesson for discipline.
Entry comments: ETF with good momentum
Exit comments: Cutting losses
Market hasn't shown me I can be aggressive yet so I'm taking the small gain.
Since I did such a small position I should have given more room to PB it had a second good run
biggest loss series BOIL PROSHARES TRUST II 100 98 02/03/2023 05/12/2023 $299.99 $1,400.00 0.00 -$1,100.01 BOIL PROSHARES TRUST II 100 98 02/03/2023 05/12/2023 $300.00 $1,000.00 0.00 -$700.00
Took an L at first then jumped back in for the win but missed out on the big fade
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