To be honest, this $BEAT trade was a bit unexpected.

I first noticed it purely because the data looked odd—the contract trading volume was extremely low, but the open interest was piling up. I immediately felt something was off. In situations like this, either something is brewing, or it’s a trap.

I casually checked the long-short ratio, and the shorts had the upper hand. Fine, since the bears are so confident, I’ll go the other way. Opened a 10x long, but I wasn’t too sure about it—I didn’t know when the big players would make a move, just had a feeling it should be soon.

The first day was just pure torture. The price hovered right around my entry, moving up a bit, then down a bit—it was frustrating to watch.

Over the weekend, I just let it be, got lost in gaming for two days, barely checked my phone. Then first thing Monday at work, I opened it up—bam, it took off.

Immediately moved my stop-loss up to lock in profits first. As for what to do next? I’ll keep an eye on open interest changes and the long-short ratio. Depending on how things go, I’ll decide whether to hold or take profits in batches.

Sometimes trading is just like this. If your strategy is right, the rest comes down to luck and patience.