Review Week 03/08/2021 - 03/12/2021

By iamtez -

Another amazing week in the books. Recent volatility has been really good too as it has provided some very good setups. As I had mentioned last week, rotation continued for major part of the week and technology/growth only bounced a little towards the end.

 

Position

Entry

Exit

G/L %

Comment

BABA Mar 19, 2021 240c

150

350

133

Got a really good entry on Monday around 229. This rallied really nicely and went onto 241+ by Thursday.

GOOGL Mar 12, 2021 2150c

150

300

100

Gapped up on Monday so had to be patient. Got a better entry on Tuesday and then it rallied nicely near 2110 as I had mentioned.

LYFT Mar 12, 2021 65c

100

300

200

Gapped up big on Monday so waited until Tuesday to get this. It eventually closed at weeks highs on Friday.

BILI Mar 19, 2021 100p

100

550

450

This was the best one of the week. Got a great entry on Monday around 110. It went below 97 at one point.

 

There are some really nice setups for next week and even though I think we are not completely out of the woods, my watchlist is going to be longer for next week as I see better setups. Have a nice weekend and check back for next week’s watchlist on Sunday night as usual.

 

ALWAYS REMEMBER TO CASH YOUR GAINS OUT OF THE ACCOUNT.

 

RED: Behaved exactly opposite of what I predicted.

 

GREEN: Behaved exactly as I predicted.

 

BLUE: Need more time for idea to materialize.

 

Disclaimer: The views and opinions expressed here are my own. Before taking any financial decisions based on these, please do your own due diligence.

 

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