Thank you ROKU

Bought 10 ROKU 107.00 PUTS at 10:28 for 1.85 and just sold at 11:39 for 3.90 using moving averages. I could see using the 55, 34, 21, 13, 8,5,3, and 1 the trade was down although the stock was up.

I love to do my trades this way...looking for a stock that has popped up and is setting up for a pull back OR one that has crashed down and is setting up for an up. It makes the CALLS and PUTS cheaper, the trade faster and the money easier to make.

I usually wait to see if once the stock has pulled inside the Bollinger bands if the continued direction is either up or down. This decision is made on my 5 or 8 chart and where my moving averages are. I could see on my 8 chart that I could make at least .50. I did not place a GTC like I usually do because I was able to watch my charts. I am glad I did not. Trades like ROKU happen at least 2 times a week but not as much as ROKU gave today.

Yeah I think there is a little more down but I am very happy with my gain, it is in the bank and I am off to do other things.

Thank you for posting your trades and explaining what you see and your thought process. Always look forward to your posts.

TCB Wrote:
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> Thank you for posting your trades and explaining
> what you see and your thought process. Always look
> forward to your posts.


me too