Shared by
GH0ST_0P
9 APR 200C
Risky environment to trade. Markets should bounce next week. ANET has held up pretty strong despite the selling.
Method
RSI Oversold (26)
Bollinger Band Pierced
Price has respected the $185 level despite the crash
5Wk Expiry
Risk/ Reward = 2-3R
Money Management
Risked 5.5%
Exit Strategy
Two main zones- the $240 lvl and the $220 lvl. 61% fib is around $220, so I will look to exit around that area.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-03-05 11:06:52 | 9 APR 20 200 CALL | buy | $10.790 | long |
| 2020-03-06 09:39:00 | 9 APR 20 200 CALL | buy | $8.500 | long |
| 2020-03-16 13:43:07 | 9 APR 20 200 CALL | sell | $1.680 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!