day after massive move

Friday the markets were destruction. Down 3.5-4%, bearish engulfing and doubled the range it engulfed. This morning, market gap down but I did expect initial buying. There is room below, but the market is so extended now, esp on the 60. So the plan was (take a guess...) wait! I wanted to wait at least to see the opening 5 min range.

Started w COIN puts, from the volume gapper list. Got too itchy. The price was still inside yesterday (that alone should have negated it). Also, the price was still above vwap (and also this alone should have negated it). This was a loss I deserved, but at least I had a decent stop and respected it. Still counts as NMS and not a "perfect trade".

NVDA got completely wrecked Friday. Lots of tickers making this similar pattern/setup to COIN, NVDA, so I was trying to pick the best (worst, for shorts) one. I did wait for NVDA to get back below yesterday's bar. I did wait for the price to crack back below vwap. But I did not give the stop back to day high and I got shaken out. It maybe would not have gone to targets before a tough reversal, but I could have gotten out green. 

Red day.