Long SNOW

In for some Aug 20 call options for $270 strike price

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Couldnt make a lower low:

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Typically breakout trades from a range need some type of event or fuel to the fire. A failed opposing move can be a good setup to break out the range. If this was a bullish fail swing pattern, meaning it swept the $231 low but ultimately closed above, I would have higher conviction. But todays volume and strength relative to a flat tech day did help me get into the trade.

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QQQ down nearly 2%. Got out of these put options for a 16% loss at open.

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Call options* mistyped

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Paper handed these.... oh well:

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Should have exercised a bit more of patience. My bearish bias of tech stocks in general prevented me from being profitable on this trade idea:

khaoz346

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khaoz346