LONG KC (Coffee) here to 160 by Dec. (73 days)
Updated
3 separate (Bearish Bat + Gartley) PRZs line up @160!
With the Real strengthening but also, option volatility rather expensive @ 41%...
... we have bought up the Dec. 2020, 140-160 CALL Spreads for $1095 a pop.
We are expecting Coffee to finish the year >160.00, for a 1:7.3 R/R on this trade - i.e. $7500 / contract.
Good luck out there!
With the Real strengthening but also, option volatility rather expensive @ 41%...
... we have bought up the Dec. 2020, 140-160 CALL Spreads for $1095 a pop.
We are expecting Coffee to finish the year >160.00, for a 1:7.3 R/R on this trade - i.e. $7500 / contract.
Good luck out there!
Note
Trade active
Massive LONGTarget: 160.00
Note
BUY everything in sight - (March) options, etc!!Note
Buy it up!!
Trade closed: target reached
FLAT; +14.00Trade active
SHORTThis one is topped out. Headed for under a buck - <100.00.
Note
Yesterday's price action cleared this picture significantlyNow, this is the most likely scenario hence, will be looking for SHORT Entries ~130.00.
Order cancelled
See Current Post
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.