NFLX PUT +$2.00 (+88F) from 10:05 to 2:20 — E1 in the loft
NFLX PUT E1 at 10:05am $90.96 held to 2:20pm $88.96 for +$2.00 as the general held 255 minutes. Z3 activated at 11:00am with the Kijun cross, DI- won, then range extension below IB low at $89.95; control ratio 88% (max MFE $2.26 at 2:10pm).
NFLX PUT E1 hit at 10:05am at $90.96 and closed at 2:20pm at $88.96 for +$2.00, with the general holding 255 minutes and an 88% control ratio versus the +$2.26 max MFE at 2:10pm. Z3 activated bearish at 11:00am, 11 bars after E1, stayed active for 12 bars with 11 favorable bars, and printed its peak at -2.63 at 1:15pm. Structure was in place early with E1 in the loft, a bear volume anchor from 10:00am one bar before entry, no bull anchor below, and price already above VPOC and TPOC at entry; confirmation came with charging volume at 10:00am, DI- taking control at 10:55am, the Kijun flip at 11:00am, range extension below the IB low at 11:40am at $89.95, and volatility expansion later from 12:30pm to 12:55pm with another STD push at 1:30pm. Pain stayed contained at $0.28 against the position with the worst close at 10:15am, and the trade took the full hold window before it had 10F to show while only giving back $0.26 from peak to exit. This was not a clean immediate flush, but the general held, the confirmations stacked in sequence, and the exit was efficient enough to justify the hold.