julianlopez0421lol@gmail.com's SPY Trade +$5.00

All Trades / Trade Detail
Trade Details
Published: Jan 21, 2023
Status: Closed
Asset: Option
Symbol: SPY
Type: Long
Option Type: Put
Strike: $386.00
Expiration: Jan. 20, 2023
Name: SPY230120P386
Patterns: TAPE
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
0.85 0.90 $0.00 1.0 $0.85 5.88% $5.00
Transactions
2 entries
Date Side Amount Price Commission Reg Fee
Jan 19, 2023 10:20:25 Entry 1.0 $0.85 $0.00 $0.00
Jan 19, 2023 10:24:43 Exit 1.0 $0.90 $0.00 $0.00
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Notes

I took a small trade thursday to make 5 dollars. I identified that we were consolidating very heavy in the morning with low volume so I did not want to take any trade for a long period of time. I wanted to scalp it. I spotted a third rejection off the top of the consolidation and after noticed a strong ask step into the market. This allowed me to enter and I scalped it on the next leg down. I should have waited for the bottom of the consolidation.




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