SPCX Long

292
Demand Zone
Breakout resistance and re-test

Entry 143
No Stop
Target 210

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.

BFF (buy for Free)
SellToOpen 2027-3-19 P100, 3.2 (Delta=-0.1)
BuyToOpen 2027-3-19 C190/220, 3.2 (C190 Delta= 0.28)
Total cost "0"

If SPCX will drop and stay below 100,
this strategy is same as limit buy at 100

If assigned, short term trading becomes long term investment.
Buy and hold, prepare to Sell OTM Calls.

Trade active
BFF (buy for Free)
SellToOpen 2027-3-19 P100, 3.2 (Delta=-0.1)
BuyToOpen 2027-3-19 C190/220, 3.2 (C190 Delta= 0.28)
Total cost "0"

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