Looking at trade review, It was "up is down/down is up" in that ATVI didn't play out for a long and CVS didn't play out for a short. Good for me, I kept to my stops, didn't hack around. I took my losses and turned my attention elsewhere.
CVS, just the opposite. Was on my short list, but was not weak. Gotta take those stops. This was a pretty big loser bc spread, but I think I traded ok. Mama said there'd be trades like this... :)
NVAX beau-teee-fullll! First trade I took advantage of the opening move. Started small and took my targets and stops. Then a great pennant developed and I traded for the breakout. Spreads were $2-3 on $13-20 option. I would rather get some targets than leave it all to stops. I missed the top, but I got the zig. Peace!!
ATVI was on long list, but when it failed, I looked to short. Not my best setup. I missed the optimal entry, tried for the next push. Managed to get my partial at bottom tick and stopped the rest. Great example of:
-what partials are good for
-tight stop is the right stop
