Too late definitely a dumb snap reaction on my part 6 beers deep lol, its only 2 puts not going to make or break me either way, ill be exiting pretty quick if it doesnt look like we are going down tomorrow.
LOL yup, i realised it was a stupid trade the moment i took it, also my average was .46, i hit it with a market and my quotes on options are delayed, so got a worse price then i thought. im not running short on buying power and basically i only had 2 days for it to make up the 46 cents my average was at in order too breakeven i need it down a buck by friday, im short 200 shares now instead from 57.35 now though stop over .50, see if we can get a break down, but looks like FANG stocks bottoming already.
btw, wanted to say to anyone else watching the thread please feel free to post your trades and ideas in here too, and we can talk about them, want this to be a place to chat stocks as much as anything I got no problem with anyone else posting ideas in here though so please do.
DPZ finally breaking down it looks like today but just didnt want to pay that spread this morning there is just no volume out there and thats the kind of thing that can just cut you up in this market cause its so choppy.
This will probably be a pretty boring journal for the forseeable future, there is just nothing out there in this market, i see all the guys my room just scratching one trade after another, just got to tell yourself in this kind of market that zero is better than losing money, and not force things that dont make sense.
Pretty big rejection on AAPL at 155.90 two days in a row, but there is a grave yard a few miles deep full of people who have tried shorting AAPL breakdowns over the years, ill watch it to see if anything makes sense, but it would have to be pretty obvious for me to jump in.
Markets are quiet waiting for tomorrow's events: British election, Comey cover up testimony plus economic numbers. Market will be back to its slow summer pattern Friday.
shorted just a ocouple hundred AAPL 155.34, stop at 155.51, this is just pur R:R trade, if it goes up i lose 17 ticks itf it goes down i make more than a buck, im bored and i really dont care if i lose 34 bucks, the R:R makes enough sense here to take it, but i fully expect to lose on this