Description
GM Huge supply line right at the previous ATH, 64. I was initially looking for a break and close over this line for a long entry, but this is a solid rejection for a credit spread.
Call Credit Spread
By Expiration
Max loss occurs at any strike over the long call (66)
Max gain occurs at any strike under the short call (64)
SL > 340
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/19 66C
SELL
11/19 64C
R/R & Breakevens vary on fill.
Looking to make 30% return on collateral in 1 week.
The short call is placed at previous ATH for good balance of success and profit.
The long call is placed 2 points away IAW collateral requirements, risk tolerance, and R/R.
Manage Risk
Only invest what you are willing to lose
GM Huge supply line right at the previous ATH, 64. I was initially looking for a break and close over this line for a long entry, but this is a solid rejection for a credit spread.
Call Credit Spread
By Expiration
Max loss occurs at any strike over the long call (66)
Max gain occurs at any strike under the short call (64)
SL > 340
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/19 66C
SELL
11/19 64C
R/R & Breakevens vary on fill.
Looking to make 30% return on collateral in 1 week.
The short call is placed at previous ATH for good balance of success and profit.
The long call is placed 2 points away IAW collateral requirements, risk tolerance, and R/R.
Manage Risk
Only invest what you are willing to lose
액티브 트레이드
Filled @ .6.거래청산: 스탑 닿음
Filled @ .75, -20%Looking to reverse position at EOD.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.