Monday, April 10, 2023

risk/size

AMD, nms exactly. Gap down red against green, but didn't go outside. I tried it with full size anyway. I don't think I regret that (on a Monday...). I didn't take full size on the calls, but still made way more that I lost, maybe bc I went 2 otm. Maybe I would have done better with 1 otm (vs my usual atm). Still a decent day.

Another good lesson in. Need to take stops. I would have gotten creamed if I had tried to hold the puts.

1. Puts. didn't cut it soon enough. My gut saw the reversal, but my brain didn't yank the position off. 

2. Calls. Really nice gain. Had fomo shortly after, but really, I got more out of the calls than I deserved bc I skipped my 20%pl partial. I did follow my rules about the second half, and I was glad not to ride down, but can't help wishing for the continuation.  I did follow my rules about stopping to capture a big move like that. If I wanted the next leg, that would have been a reentry, not a hold/wish scenario.


 

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