Weekly wedge break out, SMA200 as support
Entry 6.9
Stop 5.5
Target 14, 24
Risk management is much more important than a good entry point.
I am not a PRO trader. About 25% of my trades had been stopped quickly.
The Max Risk of each OTM call plan should be less than 1% of an account.
BuyToOpen 2028-1-21 call Spread
C10/25, 1.25 ( C10 delta= 0.56 )
No stop in this option plan, Max loss 1.25.
Entry 6.9
Stop 5.5
Target 14, 24
Risk management is much more important than a good entry point.
I am not a PRO trader. About 25% of my trades had been stopped quickly.
The Max Risk of each OTM call plan should be less than 1% of an account.
BuyToOpen 2028-1-21 call Spread
C10/25, 1.25 ( C10 delta= 0.56 )
No stop in this option plan, Max loss 1.25.
Trade active
BuyToOpen 2028-1-21 call Spread C10/25, 1.25 ( C10 delta= 0.56 )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.