A review of a previous gap trade on Hood, this one played out VERY well after that small bear flag. I try to mark my entries with dotted greens upon first posting trades to be transparent. I am looking to possibly enter hood again before earnings but I need to do some more charting first.
Here you could see marked a 5% downside and 17+ % upside, this is the risk to reward you want to see when using shorter dated options.
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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.