-$195 Loss
QQQLong Option
JohnsAddiction

Stupid execution on a great idea. I saw that QQQ had risen overnight and due to market generally trending down decided a put was in order. However, using TradeStation's Matrix (a DOM ladder) I got confused and entered a market limit order at a higher price. I get confused with puts because down is up. I need to practice entering orders correctly with the Matrix price ladder or else just enter them the old-fashioned way, i.e., Tim Sykes method. He actually fills out an order ticket.

000

DatePrice
Entry8/31/20223.51
Exit8/31/20222.86
  • Total Views52
  • Position Size3
  • Percentage-18.52%
  • Option TypePUT
  • Strike303.0
  • Expiration9/2/2022
Proof
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