Recently hearing news of hedging position of EBAY was something I didn't hesitate to close out last week after I noticed it started to putter out of its uptrend I had hoped for it to catch on from a 5% dip from 53 towards 48-47. I expect higher prices but nothing higher than 52.50 where I'll buy 2 week expiration puts for 48. I don't expect price to fall past there as of right now I just notice the past few trading sessions its been showing greater weakness. Looking to close the position shortly above 40%+
Nota
By the time I saw EBAY spike early market I wasn't there to make said 40% plan so I decided to buy really cheap OTM puts instead of tenured ones with a longer expire. .33 put 12/18 for Strike at 49. Take profit is set to double at .66.Nota
There was an ascending triangle already and with bullish news it's no wonder I was stopped out after it broke out. Lost 80$. But again, the bulls look weak on 54 and if I was more patient I could have bought puts at 54.00>. Because it isn't valued right in my opinion. but we'll see if it retests that level as support.
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.