This month, I'm trying a new trade setup where I use 10% of the premiums earned for potential multipliers with limited risk.
When I entered this trade, price was hitting the bottom channel of 88.06. Semiconductors as a sector has been doing well Weekly and Monthly. Hence I entered the following trade
9 Contracts, 100 Strike @ 1.10 that amounts to $990 (Excluding commissions). As I'm entering this trade setup much later after I entered. In hindsight, I think Monthly contracts are not great as the Theta drops pretty rapidly once price deviants. I might have to relook how I plan and select Monthly Multipliers.
I also feel picking a single direction trade very difficult and after so long of not doing it, it feels strange haha. This is probably not a trade I'm happy with, even if somehow I end up profiting (Which I doubt is possible)
When I entered this trade, price was hitting the bottom channel of 88.06. Semiconductors as a sector has been doing well Weekly and Monthly. Hence I entered the following trade
9 Contracts, 100 Strike @ 1.10 that amounts to $990 (Excluding commissions). As I'm entering this trade setup much later after I entered. In hindsight, I think Monthly contracts are not great as the Theta drops pretty rapidly once price deviants. I might have to relook how I plan and select Monthly Multipliers.
I also feel picking a single direction trade very difficult and after so long of not doing it, it feels strange haha. This is probably not a trade I'm happy with, even if somehow I end up profiting (Which I doubt is possible)
Dagangan ditutup: hentian tercapai
Options expired without a cash out lol. Was so wrong on this direction
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.