@dfrangiadakis2135, agreed, my original trendline was off the two lows on March 5th and 25th. But then I drew another one corresponding to the 20day sma based on the daily time frame.
pechi123
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Then you've did something catastrophic, naked puts WTF!
amfunk
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@pechi123, thankfully, this was done after Friday market close. I'm going to reaccess this going into Monday, see if it can go lower to my original support lines that were lower. Also, I didn't clarify but so far, I'm only doing CSPs, or cash secured puts. No naked options just yet.
edit: done as in planning. If I'm ever charting towards the end of the week, it's usually for the next week to prevent premature entries. I've learned that it's better to wait for a confirmation of reversal, than trying to catch the bottom.