CRWV PUT +$3.75 (+57F) — bearish bands tightened then bled lower
+$3.75 (+57F) on the CRWV PUT, triggered 11:10am at $118.34 and exited 3:55pm at $114.59 after volatility squeezed while price grinded against the move before finally unfolding lower. Volume anchored from 10:55am above the opening range high with active volume pops (10:50am, then 12:05–12:10pm, 12:30–12:35pm, 1:30pm, 2:30–2:40pm, 3:25–3:40pm), then momentum confirmed when sellers took control at 2:55pm.
May 11, 2026 · Entry — → Exit — · — · Z3Gamma
Trade Data
OPP E1
COMMANDERBear MIDAS anchor at 10:55am. 3 bars before entry. anchored in the above IB high. bull MIDAS below. 1 knight.
PROFILEE1 fired in the loft. Already above VPOC at entry. Already above TPOC at entry.
KYROPUT [EXEC] entered at 11:10am at $118.34. Exited at 3:55pm at $114.59. Total profit +$3.75.
PAINPrice pulled $0.15 against the position (worst at 11:15am) over 285 minutes before the trade had 10F to show. Gave back $1.83 from peak before exit.
KNIGHTVolume spike before entry: at 10:50 am (active). Volume during the trade: 12:05 pm–12:10 pm (2 bars, active), 12:30 pm–12:35 pm (2 bars, active), at 1:30 pm (present), 2:30 pm–2:40 pm (2 bars, present), 3:25 pm–3:40 pm (3 bars, active), at 3:55 pm (charging).
COMPRESSIONNo compression in the 5 bars before entry. Compression during the trade: 11:20 am–12:10 pm (11 bars).
EXPANSIONNo expansion in the 5 bars before entry. Expansion during the trade: STD 11:35 am–11:40 am (2 bars), BBW+STD 3:20 pm–3:40 pm (5 bars).
KINGDOMEntry 2 (E2) — position sizing: Kijun crossed below at 11:50 am, 8 bars after E1.
RANGE EXTNo E3 — price did not extend beyond the IB low during the trade.
Z3Z3 bearish cape activated at 11:25 am, 3 bars after E1. 17 favorable bars, 21 total cape bars during the trade. Peak Z3: -8.00 at 12:35 pm.
DMINo DMI compression in the 5 bars before entry. DMI compressed during the trade: at 11:10 am, 2:20 pm–2:50 pm (6 bars), at 3:05 pm, at 3:40 pm. DI- won at 2:55 pm, 45 bars after entry.
SYNCHRONYBreakthrough zone: 11:20am–11:50am — Z3 cape fired, E2 Kijun cross, bands compressed, STD expansion.
RESULTTotal profit +$3.75. Max MFE +$5.58 at 3:25 pm ($112.76). Captured 67% of the move.
CRWV’s 11:10 am PUT at $118.34 closed at 3:55 pm at $114.59 for +$3.75 over a 4 hour 45 minute hold, capturing 67% of the best close-to-close move after a max MFE of +$5.58.
Z3 flashed bearish at 11:25 am, just 3 bars after entry, and stayed active for 21 bars with a peak read of -8.00 at 12:35 pm, so momentum showed up early even if the full unwind took time.
The setup leaned bearish off a volume anchor from 10:55 am above the IB high, with price entering from the loft already above VPOC and TPOC, then getting backup from an active volume pop at 10:50 am, bands tightening from 11:20 am to 12:10 pm, a volatility expansion at 11:35 am to 11:40 am, the Kijun flip lower at 11:50 am, and DMI finally confirming when sellers took control at 2:55 pm; the one thing missing was range extension below the IB low.
Pain was light at first with only a $0.15 push against the position by 11:15 am, but it took 285 minutes to print 10F and the trade gave back $1.83 from the peak before exit.
Verdict: structurally right and worth holding, but this was a slow-grind winner, not a clean flush, and the late confirmation made it more patience-heavy than efficient.