MU PUT +$8.98 (+180F) held 65m, bands tightened before sell-off
MU triggered a bearish put at 2:55pm with bands tightened before entry and stayed compressed through most of the move, for a clean +$8.98 by 4:00pm. Momentum and participation confirmed when sellers took over on DI at 3:20pm and Kijun flipped down, with strong volume activity during 3:30pm–3:55pm.
May 11, 2026 · Entry — → Exit — · — · Z3Gamma
Trade Data
OPP E1
COMMANDERBear MIDAS anchor at 2:35pm. 4 bars before entry. anchored in the above IB high. bull MIDAS below. 4 knights.
PROFILEE1 fired in the loft. Already above VPOC at entry. Already above TPOC at entry.
KYROPUT [EXEC] entered at 2:55pm at $804.24. Exited at 4:00pm at $795.26. Total profit +$8.98.
PAINPrice pulled $5.41 against the position (worst at 3:05pm) over 35 minutes before the trade had 10F to show. Gave back $6.11 from peak before exit.
KNIGHTVolume spike before entry: 2:30 pm–2:40 pm (3 bars, active). Volume during the trade: 3:30 pm–3:55 pm (6 bars, active).
COMPRESSIONBands compressed before entry: 2:30 pm–2:45 pm (4 bars). Compression during the trade: 3:00 pm–3:35 pm (8 bars).
EXPANSIONExpansion before entry: STD 2:30 pm–2:45 pm (4 bars). Expansion during the trade: STD 3:35 pm–3:45 pm (3 bars).
KINGDOMEntry 2 (E2) — position sizing: Kijun crossed below at 3:20 pm, 5 bars after E1.
RANGE EXTNo E3 — price did not extend beyond the IB low during the trade.
Z3Z3 bearish cape activated at 2:55 pm, 1 bar after E1. 4 favorable bars, 5 total cape bars during the trade. Peak Z3: 2.98 at 3:50 pm.
DMINo DMI compression in the 5 bars before entry. DMI compressed during the trade: at 2:55 pm, 3:15 pm–3:20 pm (2 bars), 3:50 pm–3:55 pm (2 bars). DI- won at 3:20 pm, 5 bars after entry.
SYNCHRONYBreakthrough zone: 3:00pm–3:35pm — E2 Kijun cross, DI+ won, volume spike, bands compressed, STD expansion.
RESULTTotal profit +$8.98. Max MFE +$15.09 at 3:35 pm ($789.15). Captured 60% of the move.
MU’s 2:55pm PUT at $804.24 paid $8.98 by the 4:00pm exit at $795.26, a 65-minute hold that captured 60% of the trade’s best close-to-close move.
Z3 flashed bearish immediately at 2:55pm, just one bar after E1, stayed active for 5 bars with 4 favorable prints, and peaked at 3:50pm with a strong 2.98 reading.
The setup had real backing: an overhead volume anchor from 2:35pm sat above the Initial Balance high, price was still in the loft above VPOC and TPOC at entry, volume was active into the setup and again from 3:30pm to 3:55pm, bands tightened before entry and through much of the trade, and the move finally got confirmation when sellers took control on DMI and the Kijun flip hit at 3:20pm, even though there was no range extension below the IB low.
It was not clean early, with price pushing $5.41 against the position into 3:05pm and taking 35 minutes before the trade showed 10F of favorable excursion.
Verdict: profitable but messy, a legit bearish structure that made you sit through heat, and the $6.11 giveback from the peak says it worked but wasn’t especially efficient.