$SPDR S&P 500(SPY.US)
07/22/2026
$SPY Put(SPY260722P747000.US)
10:08:25 $0.90 => 10:11:13 $0.82, SL$0.75, LONG,
At 10:05, a bullish candle touched yesterday's high of $749.040,
then at 10:06, the downtrend began.
I entered at 10:08, which was relatively timely.
At that moment, I felt that $749.380 at 10:05 might be the intraday high.
The TR for 07/15/2026 was $5.380.
I judged that the intraday low might be $744.000.
However, the decline wasn't smooth.
This trade didn't stop loss as planned. After entering next time, I should set take-profit/stop-loss orders.
Let the Longbridge App execute them for me. After entering, exit the options order page.
The cut in flesh happened exactly at the lowest point at 10:11.
10:15:19 $1.07 => 10:20:42 $0.96, SL$0.90, LONG,
The root problem is still FOMO. The stop-loss on this trade was even more of a failure.
10:23:18 $1.27 => 10:27:05 $1.31, SL$1.10, LONG,
By then, it was close to the PMH of $747.130.
It could rebound or break through.
Due to previous losses, I was a bit rushed to close the position.
If I had entered at $0.90 and held until 10:27,
I would have made approximately $48.00 per contract. At 10:36, the amplitude was only 0.40%.
$QQQ Put(QQQ260722P706000.US)
Because the ETF was almost flat, this option went through a narrow-range consolidation for 42 minutes.
$NVDA Put(NVDA260722P207500.US)
At 10:40, it looked like a double top, but the options didn't react much. Continue waiting;
Reflection:
1️⃣ As an intraday trader, you shouldn't look at pre-market news or others' opinions.
No one can accurately 'fortune-tell'. Simply following the technical trend with 'trend following' is enough;
2️⃣ Generally, don't post reviews during trading hours. Several times, I just missed big entry opportunities.
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