The reason I thought the market would sell off the rally was that I couldn't see it sustaining that rally after the big cap techs were down so much.
I felt the rally would die and it did.
Conversation
Replying to
i agreed with your drop after the rally thesis, so i bto nov 4 BA $134 puts at 1.36 and sold around 2:30 pm for $5...
1
Replying to
Nice call, only experience can teach this level of trading. I waited until confirmation once we broke support and took a very small move down. Can’t wait until my confidence is there to let a trade run longer but still taking profits early to stack small wins. Well done as always
1
