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>>>I learned a valuable lesson: I can be correct on the direction but
>>>incorrect on my entry...
This maybe better stated as a Valuable Lesson was only experienced.
Related observations (to all trades) might be:
1. Trading and Analysis are Two Different animals.
Each one does their own thing.
2. Options are a Momentum game.
Floor traders don't see the light at the end of the Volatility tunnel until
it stops.
3. This is the Price move you waited for.
How many ways to jump on the train were figured out ahead of time.
4. The Markets are purely a Numbers game.
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