Yesterday, Amzn dropped to $165 after hour right after ER, then it stabled a bit and climbed back $168, some observed it always drops after January ER, and always drops big then slowly climbs back, good observation!
What a day it is! SPY openned at 130, and I felt the market would go down, so I bought 20 SPY weekly OE today 129 PUT for $0.04, I am kind of nervous to play this kind low winning probability bet, so I set an easy target at S1, which is 129.57. The sale order was triggered at 10:21, it was sold at 0.14 for $200 easy money. With this winning, I am kind of too excited and began to do trade blindly, I made a Future trade when /ES broken S2 and came back above S2, well, the real mistake was not set a stop as usual, maybe I thought I won a lot today, so I can take more risk than usual, but the /ES just kept going lower and lower without a small rebound, I ended up cut loss with 8 pionts! I gave up almost half of today's gain! What a big lesson!
Right before close, I did another two trades without much thinking, I sold GOOG 590/585 put spread and sold NFLX 225/230 call spread; Actually, I am not comfortable with the NFLX trade and may have to close it on Monday since it is in new high and it is an easy manipulated stock since no resistance above, why should I put it? because I won money today?;
I need further study and make myself more discipline.
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