Entry comments: Lots of open interest and over 1 million in calls for 3/15/2024
Exit comments: loss
Should have not trade this one, because it was the same thesis that fail and I stubbornly want to test it again.
I was thinking that it would bounce back, but it doesn't at all.
This is the short that I was looking for but I didn't held it at all. My mistake for not holding because I was scared it would bounce back, but looking back, it was high float, overextended second day, should have ride it all the way down.
Got WAYYYY to impatient with this one. shorting early, wait just 10 secs more, would be perfect entry.
Shorting toooo early. TBH should have wait a little bit before shorting. When it is overextended and raise high like that, short at the second and third signs of weakness.
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