-$11 Loss
SPYLong Option
Jeffdewy

$100 account challenge. Great entry from the open on a Friday recognizing market sentiment after yesterday's market selloff into power hour. Big gap up and continuation into the top of the 1st 30 minutes. I got greedy, being a Friday and such a solid gap up and strong continuation. I thought this was the recovery trade we've needed. When the sweep hit I stared at it and watched profits vanish like a magician's card trick. When it broke VWAP I realized to get out. I know better.

000

DatePrice
Entry6/6/20250.22
Exit6/6/20250.11
  • Total Views51
  • Position Size1
  • Percentage-50%
  • Option TypeCALL
  • Strike603.0
  • Expiration6/6/2025
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