Shared by
ldbobby
Grades
Plan - B
Setup - B
Traded - B
Size(S/M/L/TM[Too Much]) - M/L
Entry - B
Exit - B
Feelings - B
Levels
92/88
Thesis/Plan
Original plan was to scalp with a target of 90 which worked out. Chart looked like it would go sideways and try for an EOD run if the market reversed also. Waited for a good base around VWAP before entering.
Good
Scalped as initially planned. Had patience for the entry around VWAP to get some weeklies.
Bad
Got a bit too eager with size for next weeks 120 strike.
Summary
Initial plan was to scalp the uptrend while volatility was still there. Ended up with only about 10m of action before it died down and went sideways for the rest of the day. Tried another scalp around noon which didn't work out well, but size was small and kept that loss within reason. Identified that it was holding above VWAP and started in small before adding once 89 was reclaimed. Close was OK, trend likely to continue into tomorrow if CPI is good.
How would you play this trade next time?
Less size until break of 90 with good volume.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2023-06-23 10:19:00 | JUN30 23 60 CALL | 10 | $2.230 | 10 |
| 2023-06-23 10:20:00 | JUN30 23 60 CALL | 2 | $2.320 | 12 |
| 2023-06-23 10:20:00 | JUN30 23 60 CALL | 8 | $2.330 | 20 |
| 2023-06-23 10:28:00 | JUN30 23 60 CALL | -3 | $1.550 | 17 |
| 2023-06-23 10:28:00 | JUN30 23 60 CALL | -3 | $1.550 | 14 |
| 2023-06-23 10:28:00 | JUN30 23 60 CALL | -14 | $1.550 | 0 |
| 2023-06-27 14:52:00 | JUL07 23 70 CALL | 1 | $3.050 | 1 |
| 2023-06-27 14:52:00 | JUL07 23 70 CALL | 1 | $3.050 | 2 |
| 2023-06-27 14:52:00 | JUL07 23 70 CALL | 8 | $2.990 | 10 |
| 2023-06-27 14:52:00 | JUL07 23 70 CALL | 10 | $3.000 | 20 |
| 2023-06-28 09:36:00 | JUL07 23 70 CALL | -6 | $3.550 | 14 |
| 2023-06-28 09:36:00 | JUL07 23 70 CALL | -4 | $3.450 | 10 |
| 2023-06-28 09:36:00 | JUL07 23 70 CALL | -4 | $3.570 | 6 |
| 2023-06-28 09:36:00 | JUL07 23 70 CALL | -1 | $3.560 | 5 |
| 2023-06-28 09:36:00 | JUL07 23 70 CALL | -1 | $3.560 | 4 |
| 2023-06-28 09:36:00 | JUL07 23 70 CALL | -4 | $3.570 | 0 |
| 2023-06-28 10:31:00 | JUL14 23 80 CALL | 10 | $2.450 | 10 |
| 2023-06-28 10:31:00 | JUL14 23 80 CALL | 10 | $2.450 | 20 |
| 2023-06-28 10:56:00 | JUL14 23 80 CALL | -20 | $2.640 | 0 |
| 2023-07-11 10:53:00 | JUL14 23 90 CALL | 4 | $3.450 | 4 |
| 2023-07-11 10:53:00 | JUL14 23 90 CALL | 1 | $3.450 | 5 |
| 2023-07-11 10:53:00 | JUL14 23 90 CALL | 1 | $3.450 | 6 |
| 2023-07-11 10:53:00 | JUL14 23 90 CALL | 3 | $3.450 | 9 |
| 2023-07-11 10:53:00 | JUL14 23 90 CALL | 1 | $3.450 | 10 |
| 2023-07-11 10:53:00 | JUL14 23 90 CALL | 10 | $3.440 | 20 |
| 2023-07-11 10:53:00 | JUL14 23 90 CALL | -10 | $3.650 | 10 |
| 2023-07-11 10:54:00 | JUL14 23 90 CALL | -10 | $3.980 | 0 |
| 2023-07-11 10:55:00 | JUL14 23 90 CALL | 1 | $4.300 | 1 |
| 2023-07-11 10:55:00 | JUL14 23 90 CALL | 5 | $4.300 | 6 |
| 2023-07-11 10:55:00 | JUL14 23 90 CALL | 4 | $4.290 | 10 |
| 2023-07-11 10:55:00 | JUL14 23 90 CALL | 1 | $4.400 | 11 |
| 2023-07-11 10:55:00 | JUL14 23 90 CALL | 1 | $4.400 | 12 |
| 2023-07-11 10:55:00 | JUL14 23 90 CALL | 8 | $4.400 | 20 |
| 2023-07-11 10:56:00 | JUL14 23 90 CALL | -10 | $4.550 | 10 |
| 2023-07-11 10:56:00 | JUL14 23 90 CALL | -10 | $4.550 | 0 |
| 2023-07-11 10:58:00 | JUL14 23 92 CALL | 10 | $3.810 | 10 |
| 2023-07-11 10:58:00 | JUL14 23 92 CALL | 10 | $3.900 | 20 |
| 2023-07-11 10:58:00 | JUL14 23 92 CALL | -5 | $4.030 | 15 |
| 2023-07-11 10:58:00 | JUL14 23 92 CALL | -4 | $4.040 | 11 |
| 2023-07-11 10:58:00 | JUL14 23 92 CALL | -1 | $4.000 | 10 |
| 2023-07-11 10:58:00 | JUL14 23 92 CALL | -1 | $4.020 | 9 |
| 2023-07-11 10:58:00 | JUL14 23 92 CALL | -2 | $4.020 | 7 |
| 2023-07-11 10:59:00 | JUL14 23 92 CALL | -1 | $4.020 | 6 |
| 2023-07-11 10:59:00 | JUL14 23 92 CALL | -1 | $4.020 | 5 |
| 2023-07-11 10:59:00 | JUL14 23 92 CALL | -5 | $3.900 | 0 |
| 2023-07-11 12:05:00 | JUL14 23 92 CALL | 6 | $2.950 | 6 |
| 2023-07-11 12:05:00 | JUL14 23 92 CALL | 4 | $2.950 | 10 |
| 2023-07-11 12:05:00 | JUL14 23 92 CALL | 5 | $2.990 | 15 |
| 2023-07-11 12:05:00 | JUL14 23 92 CALL | 5 | $2.990 | 20 |
| 2023-07-11 12:28:00 | JUL14 23 92 CALL | -10 | $2.790 | 10 |
| 2023-07-11 12:28:00 | JUL14 23 92 CALL | -5 | $2.820 | 5 |
| 2023-07-11 12:28:00 | JUL14 23 92 CALL | -5 | $2.820 | 0 |
| 2023-07-11 12:39:00 | JUL14 23 92 CALL | 10 | $2.740 | 10 |
| 2023-07-11 13:39:00 | JUL14 23 92 CALL | 2 | $2.150 | 12 |
| 2023-07-11 13:39:00 | JUL14 23 92 CALL | 3 | $2.150 | 15 |
| 2023-07-11 14:02:00 | JUL14 23 92 CALL | 5 | $1.840 | 20 |
| 2023-07-11 14:02:00 | JUL14 23 92 CALL | 5 | $1.880 | 25 |
| 2023-07-11 14:03:00 | JUL14 23 92 CALL | 5 | $1.880 | 30 |
| 2023-07-11 14:17:00 | JUL14 23 92 CALL | -1 | $2.010 | 29 |
| 2023-07-11 14:17:00 | JUL14 23 92 CALL | -8 | $2.030 | 21 |
| 2023-07-11 14:17:00 | JUL14 23 92 CALL | -1 | $2.010 | 20 |
| 2023-07-11 14:17:00 | JUL14 23 92 CALL | -1 | $2.000 | 19 |
| 2023-07-11 14:17:00 | JUL14 23 92 CALL | -1 | $2.000 | 18 |
| 2023-07-11 14:17:00 | JUL14 23 92 CALL | -1 | $2.000 | 17 |
| 2023-07-11 14:17:00 | JUL14 23 92 CALL | -2 | $2.000 | 15 |
| 2023-07-11 14:18:00 | JUL14 23 92 CALL | -3 | $2.010 | 12 |
| 2023-07-11 14:18:00 | JUL14 23 92 CALL | -2 | $2.010 | 10 |
| 2023-07-11 14:45:00 | JUL14 23 92 CALL | 3 | $2.260 | 13 |
| 2023-07-11 14:45:00 | JUL14 23 92 CALL | 1 | $2.260 | 14 |
| 2023-07-11 14:45:00 | JUL14 23 92 CALL | 1 | $2.260 | 15 |
| 2023-07-11 14:50:00 | JUL14 23 92 CALL | -15 | $2.560 | 0 |
| 2023-07-11 14:51:00 | JUL21 23 100 CALL | 10 | $2.720 | 10 |
| 2023-07-11 14:55:00 | JUL14 23 92 CALL | 5 | $2.440 | 5 |
| 2023-07-11 14:55:00 | JUL14 23 95 CALL | 1 | $1.620 | 1 |
| 2023-07-11 14:55:00 | JUL14 23 95 CALL | 1 | $1.620 | 2 |
| 2023-07-11 14:55:00 | JUL14 23 95 CALL | 3 | $1.620 | 5 |
| 2023-07-11 14:55:00 | JUL14 23 95 CALL | 2 | $1.620 | 7 |
| 2023-07-11 14:55:00 | JUL14 23 95 CALL | 1 | $1.620 | 8 |
| 2023-07-11 14:55:00 | JUL14 23 95 CALL | 1 | $1.620 | 9 |
| 2023-07-11 14:55:00 | JUL14 23 95 CALL | 1 | $1.620 | 10 |
| 2023-07-11 14:58:00 | JUL21 23 100 CALL | 1 | $2.580 | 11 |
| 2023-07-11 14:58:00 | JUL21 23 100 CALL | 4 | $2.580 | 15 |
| 2023-07-11 15:14:00 | JUL21 23 120 CALL | 46 | $0.7200 | 46 |
| 2023-07-11 15:14:00 | JUL21 23 120 CALL | 1 | $0.7200 | 47 |
| 2023-07-11 15:14:00 | JUL21 23 120 CALL | 1 | $0.7200 | 48 |
| 2023-07-11 15:14:00 | JUL21 23 120 CALL | 1 | $0.7200 | 49 |
| 2023-07-11 15:14:00 | JUL21 23 120 CALL | 1 | $0.7200 | 50 |
| 2023-07-11 15:15:00 | JUL21 23 100 CALL | 5 | $2.550 | 20 |
| 2023-07-12 09:35:00 | JUL14 23 92 CALL | -5 | $1.470 | 0 |
| 2023-07-12 09:35:00 | JUL14 23 95 CALL | -5 | $0.9400 | 5 |
| 2023-07-12 09:36:00 | JUL14 23 95 CALL | -5 | $0.9400 | 0 |
| 2023-07-12 09:38:00 | JUL21 23 120 CALL | -25 | $0.5100 | 25 |
| 2023-07-12 09:38:00 | JUL21 23 120 CALL | -25 | $0.5100 | 0 |
| 2023-07-12 09:40:00 | JUL21 23 100 CALL | -5 | $1.670 | 15 |
| 2023-07-12 09:40:00 | JUL21 23 100 CALL | -2 | $1.670 | 13 |
| 2023-07-12 09:40:00 | JUL21 23 100 CALL | -2 | $1.670 | 11 |
| 2023-07-12 09:40:00 | JUL21 23 100 CALL | -3 | $1.670 | 8 |
| 2023-07-12 09:40:00 | JUL21 23 100 CALL | -8 | $1.670 | 0 |
| 2023-07-12 09:54:00 | JUL21 23 120 CALL | 25 | $0.4600 | 25 |
| 2023-07-12 09:54:00 | JUL21 23 120 CALL | 25 | $0.4600 | 50 |
| 2023-07-12 09:55:00 | JUL21 23 120 CALL | 50 | $0.4600 | 100 |
| 2023-07-12 10:05:00 | JUL21 23 120 CALL | -17 | $0.4500 | 83 |
| 2023-07-12 10:05:00 | JUL21 23 120 CALL | -9 | $0.4500 | 74 |
| 2023-07-12 10:05:00 | JUL21 23 120 CALL | -15 | $0.4500 | 59 |
| 2023-07-12 10:05:00 | JUL21 23 120 CALL | -1 | $0.4500 | 58 |
| 2023-07-12 10:05:00 | JUL21 23 120 CALL | -50 | $0.4600 | 8 |
| 2023-07-12 10:05:00 | JUL21 23 120 CALL | -7 | $0.4500 | 1 |
| 2023-07-12 10:05:00 | JUL21 23 120 CALL | -1 | $0.4500 | 0 |
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