Here is the scenario I expect for the long term, I will update this idea as I go along in my trade.
So I'm buying a put option now and another one if it continues to move up, my puts will probably be going for around 80-100 days until expiration.
So I'm buying a put option now and another one if it continues to move up, my puts will probably be going for around 80-100 days until expiration.
Trade active
Sold half of my profit so far and I will sell the rest at the final target.
Trade active
A bit of a bounce back but I'm holding out until the final target.
Trade closed: target reached
Looks like its hanging around 180 and a possible turn around so I will close for profit.
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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.