I closed $QQQ 20240510 440.0 CALL$  ,Usually consumer confidence should not move the market that much, didn't expect such volatility but since today is Friday so kind of make sense. QQQ opening is a quick clearing of pre market imbalance and rush to ATH, did a quick scalp at 444.31 but didn't exit before 10pm just in case, sadly market reacted on this bad news, so bads news is good news does not always work 😅 Was looking for gap fill reversal but I jumped the gun got in at Tuesday heavy distribution zone now support zone, apparently the it didn't hold well and continue to knife through the yHoD, next entry call at yONH, normally I will wait for retest but I jumped the gun again, it did bounced up but was rejected around MA20 on 5, as it tested again the yONH, enter call again, now the position starts to getting heavy, and internals are not looking good and MA lines are heavy, one positive point is today is apple ex-dividend, and mircosoft and nvda refused to go lower so holding the calls and quick scalp in between to compensate the time decay, at 2am I was able to cover all with around 30% profits which is not bad for this kind of price actions. If it is not the Tiger liquidity restriction, I could have print more profits 😏
Trading Order
SymbolSidePriceFilled time
QQQ CALL
US20240510 440.0
Sell
Close
1.992024-05-1101:58:13
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  • HoldMySake
    ·05-11
    Just notice the typo, correction: did a quick scalp put at 444.31 but exited before 10pm just in case
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  • KSR
    ·05-13
    👌👍
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  • 3607aac3
    ·05-11
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