FXI near bottom of range.
Will look at tomorrow's price action in the morning to determine if I want to get in.
If it stays around the 38.8 level, I am looking to get in.
If it goes up, I may decide to sit this one one.
If it drops a large percentage, I think I will still go in and bet it is an over reaction, but go in with strikes further out of the money.
Once I'm in, if it continues to go down, I will hold until 2 weeks left. Unless it drops, recovers, and shows weakness in breaking back up above 38.8. Then I will switch sides and place a call spread
I will exit w/ 50% profit.
Will look at tomorrow's price action in the morning to determine if I want to get in.
If it stays around the 38.8 level, I am looking to get in.
If it goes up, I may decide to sit this one one.
If it drops a large percentage, I think I will still go in and bet it is an over reaction, but go in with strikes further out of the money.
Once I'm in, if it continues to go down, I will hold until 2 weeks left. Unless it drops, recovers, and shows weakness in breaking back up above 38.8. Then I will switch sides and place a call spread
I will exit w/ 50% profit.
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.