GOOGL Trade on Dec 23, 2020 09:36 from thefudawg: Tradervue User Stock Trades.

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thefudawg

 

Got a nice upgrade by Goldmans to BUY with a new PT of $2250 in pre-market.

GOOGL opened slightly higher and found it's base at the 8EMA on the 1m. It suddenly gapped up with increased volume and on the second candle, got in at the 1734 test. There was steadily increasing volume and the squeezepro histogram was showing increased momentum so I took a shot at the 1750C at $2.87, we saw a lot more volume and then a strong rejection at $1744.11 when these contracts went to $6. It started to fail, so I took my money and ran. Great trade.

GOOGL came back down and lost POC and started to base at VWAP between the 8 EMA / 21 EMA, so I took another shot at it, but it quickly failed so I cut it. I re-entered again for a possible grind up the cloud, but it quickly fell through.

Would have been a great trade, had I sized differently, instead I upped the risk each time which more and more signs of weakness and lower probability of this trade working. Turned an A++ trade into a big fail because of greed and revenge seeking.

Missed the slow ramp at the EOD because I took a nap, but that looked like a great move since we based right above the dip buy zone of friday's close.

Oh well, onto the next.

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Execution detail:

Date/time Symbol Side Price Position
2020-12-23 09:36:54 DEC24 20 1750 CALL buy $2.870 long
2020-12-23 09:41:29 DEC24 20 1750 CALL sell $5.300 0
2020-12-23 09:44:07 DEC24 20 1750 CALL buy $2.850 long
2020-12-23 09:44:07 DEC24 20 1750 CALL buy $2.850 long
2020-12-23 09:44:56 DEC24 20 1750 CALL sell $2.370 0
2020-12-23 09:46:16 DEC24 20 1750 CALL buy $2.620 long
2020-12-23 09:46:16 DEC24 20 1750 CALL buy $2.620 long
2020-12-23 09:46:53 DEC24 20 1750 CALL buy $2.720 long
2020-12-23 09:56:27 DEC24 20 1750 CALL sell $1.570 long
2020-12-23 09:56:27 DEC24 20 1750 CALL sell $1.570 0
2020-12-23 09:57:00 DEC24 20 1750 CALL buy $1.850 long
2020-12-23 10:03:36 DEC24 20 1750 CALL sell $1.200 0


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