IWM Pull Back
A big run in the Russell 2000 this past week. Looking over bought on all levels and looking for a pull back towards the 50 day moving average (blue line shows divergence). I bought Oct 23 Exp $160 PUTS.
Not advice.
Not advice.
Trade closed: target reached
Sold at the open with the price around $159. 90% return. I could have held on longer but not worth the risk of a bounce back up.
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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.