Taking advantage of the bearish market movement today.
SPY still holding above support area of 106.
Taking a gamble, because I think market is still bearish. Down .85% so far today.
But
DIS had strong move yesterday, so I think today are people taking profits.
As long as it holds 106, I am 75% confident we will have a good day next week.
Other 25% depends on the general market next week.
I am going for a 1:2 risk reward ratio.
Bought to open 110 april calls w/ 37 DTE
Risk was selective, below previous low of 102.75
Possible 100% return at 112, therefore target is 112
SPY still holding above support area of 106. Taking a gamble, because I think market is still bearish. Down .85% so far today.
But
DIS had strong move yesterday, so I think today are people taking profits. As long as it holds 106, I am 75% confident we will have a good day next week.
Other 25% depends on the general market next week.
I am going for a 1:2 risk reward ratio.
Bought to open 110 april calls w/ 37 DTE
Risk was selective, below previous low of 102.75
Possible 100% return at 112, therefore target is 112
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.