I closed $QQQ 20240430 429.0 CALL$  ,So I reentered too early, didn't wait for the vwap retest instead I reentered based on my ema, too bad it broke the vwap but recaptured quickly due to aapl, looking at the momentum I should have covered at the resistance but aapl looks promising, so I waited, turned out I spot a second entry at the cut loss zone of buyer which is slightly below the opening range, yes market maker has shaked you out if you set cut loss just below the opening range, as expected it then moving towards vwap, about to covered at vwap if market reject it, turn out it continue moving to the intraday resistance, but it is risky to earn the last penny, so covered early, exited with small profit again knowing how to price the option is important so you can get out safely. Turn out I'm right as the market rejected at resistance zone 432.15 and hot butter knife cut through vwap as expected, at the time of writing, the market has broke the opening range toward overnight low, potentially open up a good risk&reward for put if seller successfully slip this key level 430.50 from a support to a resistance. Ready the popcorn to watch the battle of timeframe here.
QQQ CALL
04-30 22:42
US20240430 429.0
SidePriceRealized P&L
Sell
Close
3.30+6.85%
Closed
Invesco QQQ
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  • HoldMySake
    ·04-30
    Opps when I about to post, it broke the overnight low without looking back loll
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  • Cliff
    ·05-07
    Good call on covering at resistance though.
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  • yewkee
    ·05-01
    well done
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  • bostonxsgp
    ·05-01
    ok
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