Understanding The trade:
As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 7/19 I will be looking to take profit by early July as the rate of decay factor starts to come into play as the contract approaches expiry. This should correlate nicely with the Fib Expansion lvl .618. If you have any questions, please feel free to comment below and follow. Thank you and trade safe.
Reasons For Trade:
• Continuation of the 4th leg for A B
• Support on Upward channel (1D chart Nov 17st - Current)
• Crypto at yearly high (More miners for AMD Graphics Card)
• Fib Expansion .618 correlation
Trade Parameters:
• Broker: Robinhood
• Cost For Entry: Free
• Contracts: 5
• Entry Price: .50
• Risk: $250
• Reward: $100
• ROI: 40%
• Risk/Reward Ratio: 5:2
As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 7/19 I will be looking to take profit by early July as the rate of decay factor starts to come into play as the contract approaches expiry. This should correlate nicely with the Fib Expansion lvl .618. If you have any questions, please feel free to comment below and follow. Thank you and trade safe.
Reasons For Trade:
• Continuation of the 4th leg for A B
• Support on Upward channel (1D chart Nov 17st - Current)
• Crypto at yearly high (More miners for AMD Graphics Card)
• Fib Expansion .618 correlation
Trade Parameters:
• Broker: Robinhood
• Cost For Entry: Free
• Contracts: 5
• Entry Price: .50
• Risk: $250
• Reward: $100
• ROI: 40%
• Risk/Reward Ratio: 5:2
Trade fermée: cible de profit atteinte
:Trade Parameters:
• Broker: Robinhood
• Cost For Entry: Free
• Contracts: 5
• Exit Price: .70
• Reward: $100
• ROI: 40%
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.