$AAPL 20250314 227.5 CALL$ Decided to play some apple calls last night after ibsaw the sharp sell off. Was waiting to buy a call at the bounce and make a quick snipe.
Unfortunately, I misread the volume data, while reading the MACD histogram. I should have waited for confirmation on the volume. Instead I wanted to get in early, and instead bought the fake out and the stock pushed lower.
In red you see where I highlight the fake out, and in green I circled the real volume building, the stock was going down, but volume was steadily building, that should have been my confirmation and I would have bought at 0.25 a contract instead of 0.35, and made 0.13 difference instead of 0.3
Remember people ALWAYS watch the volume carefully, don't try and be the first one to call the bottom because you won't ever be unless you have prediction skills.
@Optionspuppy @TigerWire @TigerTradingNotes @CaptainTiger
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- Optionspuppy·03-15 17:52TOPMaybe sell leaps at $100 putLikeReport
- SiliconTracker·03-14Thanks for your detailed analysis.LikeReport