Price reached top end of the channel. So, basically it's at resistance.
RSI at 87.4..it's way overbought..
RVX is rising from the support.
So, my trade idea is to add put diagonal as the probability of profit is way higher relative to a directional put.
Will post adjustments if needed...
RSI at 87.4..it's way overbought..
RVX is rising from the support.
So, my trade idea is to add put diagonal as the probability of profit is way higher relative to a directional put.
Will post adjustments if needed...
Trade active
BOT +1 DIAGONAL IWM 100 20 AUG 21/19 MAR 21 219/210 PUT @12.07 CBOENote
This publish is meant for educational purposes only. This is not an investment device.Trade closed manually
SOLD -1 DIAGONAL IWM 100 20 AUG 21/19 MAR 21 219/210 PUT @12.62 ISEReturn: 4.44%
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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.