Today I woke up at 7am to check on OGEN mainly. Saw it had given back about $50 out of the $223 open PL last night at 8PM close. I held on because the daily candle closed basically near the HOD, and a gap up in the morning was fresh on my mind.
Woke up again at 9am and took $1150ish profit off OGEN.
Closed EFVM calls near the open for a small gain.
Quickly covered my AAL short position and puts for a net neutral gain/loss.
Bought 2500 more NAOV at the opening low which ended up being the LOD.
Chased ONTX hoping for a break of the HOD, and due to scaling in with a couple partially filled orders, I'm stuck in the position lest I trigger a good faith violation (2 DT left currently) Made about 3k in the last 3 days so I'm okay with holding onto a loser that I should've known better than to jump in at those risk levels. Thankfully I only took about 1/3 of my normal penny stock size so it's far from over. I'm still staring at the ONTX gap around .90c...I'd gladly add more whenever the tape tells me big guys are moving back in with urgency. Worst case scenario I give back 2-300 of the profits from today. No biggie but need to continue to improve my entries and being patient. I've seen what can happen.
Holding 2000 ONTX @ .56c (GROSS)
Holding 1500 OGEN @ .54 (kinda gross)
3x 2/19/21 $2.5 C's EVFM @ .45 each
1x 1/21/21 $16.5 P on VALE @ .63c
NAOV 5000 shares @ .8394
Let's rock and roll tomorrow before markets close friday. Good luck to everyone.
Join now or log in to leave a comment