XOM - KC - 29062022
Analysis
* Seeing a lot of consolidation patters before
* Obvious S&R lines to refer
* Market just dive after opening
* Assumed that it will make the same consolidation patterns
Plan
* Expiry = 9 days
* Hold = 1 day max
* Strategy = Naked Put
* E = 89.30
* TP = 88.12
* SL = 90.39 (wanted to reduce risk)
Journal
* TP = 87.72 (Changed plan because high volume before market closed)
* P/L = 53
* Trade according to plan = Not quite
* Seeing a lot of consolidation patters before
* Obvious S&R lines to refer
* Market just dive after opening
* Assumed that it will make the same consolidation patterns
Plan
* Expiry = 9 days
* Hold = 1 day max
* Strategy = Naked Put
* E = 89.30
* TP = 88.12
* SL = 90.39 (wanted to reduce risk)
Journal
* TP = 87.72 (Changed plan because high volume before market closed)
* P/L = 53
* Trade according to plan = Not quite
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