Friday, November 1, 2019

AMGN +39% for lucky AF day 4 exit

Daily setup: nms
Entry/play: entered day 1 on surging above box
Management: I bought high and it reversed immediately.
Didn't stop bc I was in too big. spreads too wide. (I should turn this into a song) . I held it like an idiot for 4 days until I was lucky AF to get out above water on day 4.
Psychology: I can't even say bad here. It was really messed up mentality in every way.

LESSON. Aside from the other previously known/learned/ignored lessons or intoobig/spreadstoowide, This option, WAY in the money on expiration day, had close to ZERO volume. The spread was 25%+ just in the spread. Impossible to get filled.

This whole trade was a bucket of luck poured over asinine behavior.



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