Potential day trade SBE

346
Weekly Call options

open trade at break above the ATH (yellow line), I want the price to open lower than ATH and move up with volume breaking ATH. I would not get in on a gap up or large gap down.

Buy the break out, don't get faked out.

Im looking at buying and closing immediately when things reverse.

If the trade does really well, I may hang on to some of the position for the rest of the week.

As a swing trade, I would not personally enter it at this level, Im looking for more of an in and out type of deal for me now.

Some of those trades are concluded in 1 to 5 minutes. After which people lose interest and you will get stuck with your calls.

This trade is for those experienced with day trading options.

Penafian

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