$40 Profit
SPYLong Option
Jeffdewy

Entered when it bounced of lows and broke VWAP @ $598.50 with continuation buying. Kept rolling stops as the algorithmic buying seemed to be in control. I got out when it rejected my resistance level of $601.77 with the 1st significant red candles showing buying had temporarily stopped. It hit the stop loss and I switched to the 1-minute candles and exited with confirmation the trend was ending. I lost a chunk waiting on confirmation but still 150% win.

000

DatePrice
Entry6/13/20250.27
Exit6/13/20250.67
  • Total Views55
  • Position Size1
  • Percentage148.15%
  • Option TypeCALL
  • Strike602.0
  • Expiration6/13/2025

Charts

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