
Options
Traded Value$SPDR S&P 500(SPY.US)
Today's opening price was $688.170,
The options ready to be opened are $SPY 251212 689 Put(SPY251212P689000.US)
and $SPY 251212 688 Call(SPY251212C688000.US)
$SPY 251212 689 Put(SPY251212P689000.US) opened at $1.82,
$SPY 251212 688 Call(SPY251212C688000.US) opened at $1.53;
At market open, Longbridge's options calculator showed Put/Call IV at 11.60%/12.50%,
01:04 pm at 19.50%/11.80%;
Volatility ranged from 0.17% at 09:44 am to 1.41% at 04:04 pm;
$SPY 251212 689 Put(SPY251212P689000.US)
The opening direction was unclear,
TraderTVShawn was bearish,
SPX000 was bearish,
My plan was to decide the direction based on Flowtopia's Wave data,
Didn't prepare support/resistance levels pre-market,
09:57 am $1.80 => 12:00 pm $8.40,
Actually if prepared pre-market,
Knowing yesterday's big rise might lead to a pullback today,
Overnight judgment of possible new highs solidified my thinking,
$SPY 251212 688 Call(SPY251212C688000.US)
10:37:40 am $0.46 => 10:51:08 am $0.31,
This was the result of rushing to open positions, actual data didn't support bullish ideas,
$Direxion Daily TSLA Bull 2X Shares(TSLL.US)
12:00:54 pm $19.030 => 12:09:33 pm $19.120,
Double bottom entry was correct, good position too,
12:18:55 pm $19.3880 => 12:25:24 pm $19.3207,
Actually first order's take profit was set at $19.600,
Reached at 12:49 pm,
Watching the screen creates panic,
Exited at slight pullback,
Later unwillingly opened positions again,
Result was worrying about profit loss and manually closed positions.
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