This is a rare weekly chart triangle formation. If the break continues bullish it could run to $54 price target based on the height of the back leg. I'll look at some July - Sep OTM calls and see what the IV and Delta's look like. If this runs it will run for a while. I'll start in small and add if/when the trend builds. Watching 5/10/22
İşlem aktif
Entered on 5/10 with a June +45/-46 vertical call spread.
Added to the position with naked June $45 calls 5/16
Took some profits on 5/18 by closing the vertical spread. Leaving the naked calls until the momentum runs out.
İşlem aktif
Still holding calls. up 45% today. Will take half off at 50% and ride the rest for a bit. Forming a nice Bull Flag on the daily and watching to see how continuation works out.
İşlem elle kapatılmış
Bull flag rolled over when I wasn't watching and I took a massive beating. Lesson for the myself and everyone is to take profits when they are there. GREED Kills your account. Naked calls/puts require real time monitoring or hard programmatic stops. Everyone will say what kind of person doesn't use stops.. This guy.... Trading requires good procedures and without a good teacher you need to learn hard lessons on your own. If my loss helps someone learn then I've given something. On to the next trade. A little smarter and poorer.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.