GEN Long

5 Mar 2021

Consolidation at Bottom, Near the support line (Lower 1/4 in the box)
One swing Crossed above SMA50/SMA200, and crossed back, downtrend became sideway.
Volume Profile shows 0.5 is the max volume price.
Volume Profile Target volume price is 0.7.

Entry 0.5
no Stop
Target 1

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.

5 Mar 2021

İşlem aktif

Buy stock 0.49 x1500,
prepare to sell Cover calls when price above 1.

9 Mar 2021

İşlem aktif

Sell Stock 1000 x0.63,
Set stop 0.51 for stock 500 left.

9 Mar 2021

İşlem aktif

Sell Oct 2.5 Call 0.25x5.
Till now, keep 500 stock, and sold covered calls C2.5;
Got a for free position in 3 days.