Action in OTM calls
Stop: 44
R: -0.5
Almost as bad as the trade in $X. I'm suffering from FOMO on these intraday spikes lately and the reason probably is, that I know they can run for dollars...but not, when the overall market is dead.
The daily looked ok with the stock trading at new highs and I though this move is going to be the continuation move out of the little retracement. That's why I got in so high on the first coil. It could not hold, so I bailed. However, I did a good job on the reentries above 44$ and was able to recoup some of my losses from the first entry.
Execution detail:
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