Filters (0 applied)

Former Supernova, which was recent multiday runner. It had a nice FRD yesterday and was testing R/G level ($6.91) several times. After 30 mins of consolidation at R/G level it started perking up so decided to enter the trade with 50 shares at $7.06 risking R/G area thinking this time it could hold. This was right around 11am so thought process was may it could test potentially HOD of $7.29 and onwards with decent to good R/R. However stock failed to go higher and eventually went red again.

Bought 100 strike PUT on a red day as stock was closing low of the day breaking $105 support area therefore decided to enter hoing for a more fade in coming days. However stokck instead went green over next few days so decided to get for a 87% loss. Largest % loss yet however must respect the risk and if strategy doesn't work cut the trade and reenter.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.