IWM Pull Back

13 Eki 2020

A big run in the Russell 2000 this past week. Looking over bought on all levels and looking for a pull back towards the 50 day moving average (blue line shows divergence). I bought Oct 23 Exp $160 PUTS.

Not advice.

15 Eki 2020

İşlem kapandı: hedefe ulaştı

Sold at the open with the price around $159. 90% return. I could have held on longer but not worth the risk of a bounce back up.