META PUT +$0.90 (+33F) — E1 core entry as bands compressed into break
META PUT was entered at 9:55am at $610.10 and exited at 10:35am at $609.20 for +$0.90 after E1 printed in the core while volume sat on a bear MIDAS anchor from 9:30am. Z3 activated bearish one bar after E1 and stayed active for four cape bars, topping at -2.71 at 10:10am when range extension crossed below IB low at $607.41; control ratio: 33% of max MFE $2.69.
META put E1 printed at 9:55 am at $610.10 and closed at 10:35 am at $609.20 for +$0.90 in 40 minutes, with a 33% control ratio against the session’s $2.69 max MFE. Z3 activated bearish at 9:55 am, one bar after E1, stayed active for four bars, and hit its peak reading of -2.71 at 10:10 am. The setup opened from a bear volume anchor set at 9:30 am in the loft, E1 printed in the core while price was already above VPOC and TPOC, bands tightened from 9:30 am to 9:50 am, then expanded with volatility from 10:00 am to 10:25 am, range extension hit below IB low at 10:10 am at $607.41, volume only showed up later at 10:20 am and 10:35 am, and there was no bearish DMI win or Kijun flip after entry. Pain was low: the entry was clean, price moved in favor right away, and it reached 10F without any meaningful adverse close, though $1.79 was given back from the 10:10 am peak into the exit. Clean general, but inefficient hold once range extension printed.