Description:
Price is meeting that broken-down upward sloping trendline established through July and August, as well as the daily supply zone @ 150.
Looking for swift reaction to close this position early next week.
Put Debit Spread
Levels on Chart
Entry on close < 150
SL >150
TGT - 143
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
10/29 148P
SELL
10/29 143P
Earnings next week is a risk factor.
Long put is ATM for max success rate.
Short put is at the target price for max profit potential.
Price is meeting that broken-down upward sloping trendline established through July and August, as well as the daily supply zone @ 150.
Looking for swift reaction to close this position early next week.
Put Debit Spread
Levels on Chart
Entry on close < 150
SL >150
TGT - 143
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
10/29 148P
SELL
10/29 143P
Earnings next week is a risk factor.
Long put is ATM for max success rate.
Short put is at the target price for max profit potential.
Dagangan aktif
These were filled @ 1.45.Dagangan aktif
Down 24% right now. That is a long wick over 150 here, meaning plenty of supply.Waiting to see if the close will be over 150 to trigger the stop.
This might be a close one.
Dagangan aktif
Good close below 150, in the red.Nota
If AAPL closes above 150, I will be reversing position.Dagangan aktif
Mark to Market is positive for the day, but I went ahead and closed out 2/3 of my position to manage risk going into earnings.Dagangan ditutup: hentian tercapai
Went ahead and closed the portion out at a loss. I will be running 10/29 lotto OTM long calls with the remainder of the credit received for closing.I will also be putting on Long Call Calendar Spreads for a normal position.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.