DIS Trade Idea
Updated
DIS is looking good for a small bounce / PullBack so the Bears can Reload their shorts . I'm in this one Long using CALLS for DEC 30 / STRIKE 90. (Theta is against me, so I need a fast and reliable move to the upside to make any money)
But again, another great R:R, but counter trend, and as s a beta weight of 0.70 with SPY, we need the Markets to bounce to help this trade.
#tradesafe
Trade closed manually
Closed today for +11% profit on t he call side, they sucked all the value at the open to shake weak hands, but I was holding working the trade and adding to the position.
Options & Futures Trader
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