$18 Profit
SPYLong Option
marketmakers

#2 After trade#1, $SPY continued down, but before playing down, needed confirmation. Put bullish & bearish levels on the chart for each direction potential entry points. $SPY closed below the bearish entry level. When pulled back up to potential retest level, entered. Trading below POC & VWAP, & EMA3&8 bearish on 1min, 3min & 5min charts. Knew my stop level & profit level. Good trade. Good entry. Took a while to develop, but did, leaving me green on the day. Did cont. down...

000

Newsletters:TimChallenge
Broker:Schwab
DatePrice
Entry3/15/20240.66
Exit3/15/20240.84
  • Total Views25
  • Position Size1
  • Percentage27.27%
  • Option TypePUT
  • Strike509.0
  • Expiration3/15/2024
Proof
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