Yesterday I grabbed some short dated Micron Technology puts near the highs after momentum started slowing down and buyers looked exhausted.
Position was MU 5/15 780 puts.
The trade itself actually worked pretty cleanly. Price stalled near resistance, volume started fading, and once semis lost momentum the contracts moved fast.
Ended up closing way earlier than the actual move down. Still made around $3.3k total, so obviously I can’t complain too much.
But honestly… I swear “selling too early” messes with my head more than losses sometimes.
Because every options trader has had that moment:
You lock in profit, feel responsible for 5 minutes… then watch the contracts keep exploding afterward.
And suddenly a winning trade somehow feels bad.
That’s probably the hardest part about short dated options for me now. Not entries. Not direction.
Just figuring out when enough profit is actually enough.
Especially in this market where moves happen so fast that greed kicks in almost immediately.
Trying to hold runners sounds great until a 20% gain turns into flat in two candles.
Curious if other people here struggle more with exits than entries when trading short dated contracts.
https://i.redd.it/4mt1j49mhq0h1.jpeg
Posted by Sad_Connection9301
1 Comment
There is literally no trade I make in which I don’t second guess myself. Almost every trade could have had more max gains or less losses. This is why I have to write out a plan and stick to it.