FB I had 202, 207 levels above. It pushed up strongly at open. I grabbed a small position, took it off for +20% and it stalled/reversed right after, while the the market was also rolling over. In retrospect (at 11am) I can see that it held the day low (even while market flushed) and went strongly to 207 and beyond, but I have no regrets making 20% in 2 min and not suffering the pb.
Simultaneously, the market started to weaken so I looked for a short there and I got the flush. 20% pl target and 9:36 I walked away. I've been trading the near exp SPY options a lot lately, for a feeling that nothing else is setting up. Over the weekend I was thinking how I tend toward that in a lazy way. That I should be looking to play relative strength/weakness and not the index itself. The same-day expiration, though! Gambler mentality?
