-$16 Loss
SPYLong Option
Jeffdewy

$100 account challenge. Entered when it broke daily lows. It bounced shortly after and I didn't get out until it reclaimed VWAP. It rolled over and cratered like I originally anticipated after I exited. My big picture was correct when it failed HOD just entry and management wasn't there. 3 trades should have happened today. Morning red to green bounce to new highs. Rejection of new highs to test of morning lows as the morning was a range day, not trend. 3rd trade the rejection of VWAP .

000

DatePrice
Entry6/5/20250.20
Exit6/5/20250.04
  • Total Views61
  • Position Size1
  • Percentage-80%
  • Option TypePUT
  • Strike590.0
  • Expiration6/5/2025
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