thanks for sharing your executions

@shamil, It was high priced stock, it presented a pattern that i like which was a first red day and lastly I could not short because I have a cash account and buying put option was an alternative for me.

I bought put option for 3 three reasons

great job!! nailing all 3 moves is top-notch trading!

What is the reason to do it with options, Instead of regular long?

@shamil, yes

In order to open this position, did you lock 1375$ on your account?

Is this First Green Day pattern?

The stop loss is under 15, target is in the 40 area

Daily chart, its a swing trade

How did you find this - was it a scan

@Windwalzer @Joosh nice! Happy to help

@DoesItFloat I prefer dip buying multi day runners Because of how psychology works. Short sellers short extended stocks and need to BUY to cover their positions and Kong’s the missed the initial move have Fomo and look for entries on dips. There is a car where I will buy 1 day movers, and that’s IF the company meets my non compliant criteria and has reason to prop their stock over a buck.

I was able to jump on this. Good luck

Thank you for the alert!