Sold AMZN MAR 29 $182.5 calls at $.50. See comments

Sold AMZN MAR 29 $182.5 calls at $.50.

66% loss on this trade. Important lesson on making sure on breakout buys like this to keep a smaller position size when entering because of the risk of pull backs like this. For sure a trade to journal and learn from and I will discuss live next week. It’s oversold on the short term time frame and could bounce but the $177 break I had to call it. Could bounce back today but a reentry is only a click away.  I still like the daily chart on this and will likely look to enter a longer term trade on a pull back to the buy zone.

Sold AMZN for $0.50 per share