SE Trade on Dec 15, 2020 10:39 from thefudawg: Tradervue User Stock Trades.

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thefudawg

 

SE on Monday faded with the market but held the $187.75 level great, completing its reversion to the mean. There was a pop before pre-market but ultimately started to come down. Once we hit the lower level of this zone of $187.75 and based, it was actually a great dip buy for a scalp but I did not trust it yet.

Instead, I entered at VWAP inside the 1m cloud, just as the squeeze pro histogram was also showing a strong shift of buying momentum and locked it outside of the cloud, right before the red bar that ultimately ended up driving this back down. Picked $195 calls since it had lots of liquidity and with the price action of the overall markets did not think the original $200 calls were as viable. $195 was also the top of the zone here and prior ATH level.

Grade: A+ (needed to use size for how slowly contracts were getting added)
image


Execution detail:

Date/time Symbol Side Price Position
2020-12-15 10:39:40 DEC18 20 195 CALL buy $1.930 long
2020-12-15 10:39:43 DEC18 20 195 CALL buy $1.930 long
2020-12-15 10:45:17 DEC18 20 195 CALL sell $2.130 0


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