Trade Recap 11 August

TigerOptions
2023-08-11

Another day of trading, I'm grateful to be able to earn small profits again [Miser] 

Today I traded $Tesla Motors(TSLA)$  again.

2 trades

$TSLA 20230818 240.0 PUT$ Bought in early when the price is flushing down in hopes for the price to break down 10mins opening range. Thanks to Lady Luck on my side, the price breakdown and I sold half my position. I was holding on for the second leg down, but it didn't happen. When it breakouts to theupside of the consolidation, I sold my other half to secure my small profits.

$TSLA 20230818 242.5 CALL$ Bought it after the price starts to reverse. As there wasn't a strong setup, I scalped for a tiny profit.

Overall I'm happy to be able to earn profits from the market.

If you want to be part of my trading journey and learn more about day trading options, feel free to follow me.

Do note that I'm just sharing my experience,trading options can be extremely volatile and not meant for everyone. Please do not treat this as financial advice.


$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ(.IXIC)$ $Invesco QQQ Trust-ETF(QQQ)$ 

💰 Stocks to watch today?(21 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • WernerBilly
    2023-08-12
    WernerBilly

    Yeah hope QQQ or tech stocks can bounce soon

    • TigerOptions
      Corrections are healthy in a bull run as well [Cool]
  • WendyDelia
    2023-08-12
    WendyDelia

    OMG really hope TSLA can go back to an uptrend

  • Inderpreet
    2023-08-12
    Inderpreet
    Hi , i am new in this trading
    • TigerOptions
      Feel free to follow me and learn more [Smart]
  • pohyc
    2023-08-13
    pohyc

    Options are fast 

    • TigerOptions
      Indeed, 0 DTE is even faster, always think of the risk first before the rewards [Warning]
  • Sean稳稳的向上
    2023-08-12
    Sean稳稳的向上
    这篇文章不错,转发给大家看看
  • TVijay
    2023-08-13
    TVijay

    Great recap for 11 Aug. If you missed it, go through the article 

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