
So today was kind of disappointing. I made basically one trade with two contracts at the open. I sold two 6875/6870 put contracts for $0.55 premium at 6:35 AM PST. This was a level below the next trigger level on the ATR Levels. My idea was to sell in hopes that it would not break past 6890. However, because it was so early in the morning I didn’t factor in that I was probably going against the trend. I could have sold calls when price hit VWAP (Blue Dotted Line) and failed to hold. Fortunately the market ranged today otherwise I would have been in the negatives if it was a trend day. I was able to close my positions for half the price I sold them for.