Bollinger Band oversold in both weekly and daily charts
Entry 77.7
no Stop
Target 82, 87
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.
I do not know where is the bottom. Before see a valid turning point, hold on selling PUT.
Below 80, when TLT drops each $0.5, I would make one more long entry with cost under $200. if try 10 times, total risk under $2000.
BuyToOpen 2027-5-21 Call Butterfly
C80/88/95, 1.42 (C80 Delta= 0.5)
no Stop in this Option plan, max risk is 1.42
Entry 77.7
no Stop
Target 82, 87
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.
I do not know where is the bottom. Before see a valid turning point, hold on selling PUT.
Below 80, when TLT drops each $0.5, I would make one more long entry with cost under $200. if try 10 times, total risk under $2000.
BuyToOpen 2027-5-21 Call Butterfly
C80/88/95, 1.42 (C80 Delta= 0.5)
no Stop in this Option plan, max risk is 1.42
Trade active
BuyToOpen 2027-5-21 Call ButterflyC80/88/95, 1.42
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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.
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.