BA Trade Setup into Earnings by Fib Retrace / Volume Profile
BA is shown on a marked up 120 minute chart with a Volume Profile and Fibonnaci retracement
levels as well as the trend angle reversal at the consolidation upon finding support at the
bottom of the high-volume area of the profile. The fib levels suggest targets. Risk in the trade
is after earnings reports of "beats" will drive the action higher or "misses" will cause a down
trajectory. Volatility will increase as the earnings date quickly approaches. Some traders may
want to close a winning trade just before earnings or take a predominant partial close leaving
the the rest to move through the storm looking for blue sky.
I have a risk appetite here. I will take call options for February 5th striking OTM at $240.
I will cut them no later than 24 hours before earnings or when they hit 200% if that happens
beforehand.
levels as well as the trend angle reversal at the consolidation upon finding support at the
bottom of the high-volume area of the profile. The fib levels suggest targets. Risk in the trade
is after earnings reports of "beats" will drive the action higher or "misses" will cause a down
trajectory. Volatility will increase as the earnings date quickly approaches. Some traders may
want to close a winning trade just before earnings or take a predominant partial close leaving
the the rest to move through the storm looking for blue sky.
I have a risk appetite here. I will take call options for February 5th striking OTM at $240.
I will cut them no later than 24 hours before earnings or when they hit 200% if that happens
beforehand.
Dagangan aktif
Another good day but might get bogged down in some bad news.Nota
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.