Strat 4: Roku continuation to the top side; PT 152.87, 155.5

2019年10月30日

(1) NFLX Strong, going up, ROKU finding it's way up behind
(2) Daily: Monday strong close within top 10%, Tuesday consolidated at same range.
(3) Entered trade at break of Tuesday high, aiming for 152.87-153.29 as first PT(Prev highs before the dip), 155.5 as second PT if break above.
(4) Stop loss: 149.50 at the break
(5) 157.5 call: 1.25c, SL 1.00c

2019年10月30日

注释

Option SL Reached, did not sell since it never reached 149.50 break point.
- Hindsight bias: It performed a bullish correction
- Could have been big loss if I wasn't lucky.

2019年10月30日

注释

Im still holding my Calls, Here is why:
(1) Roku had a recent break out, shooting toward a big sell zone.
(2) After shooting up, the 15 min chart shows clear shoulder formations
3rd left shoulder has just formed, waiting for a pop above 152.87 to form the head and then Put. Looking for a move similar to 10-15th to 17th.

2019年10月31日

注释

Woke up late, 7:30am, dropped below prev day swing low, trade closed with loss.