Eli Lilly and CompanyUpdated LLY Neutral, Sell put at next support
Long term uptrend
Sideway, near bottom
Trendline break and re-test.
Stock trader needs to wait. 10/27/2020 Earning, it may gap to the demand zone.
Entry 142
Stop 139
Target 157; reward:risk=5:1
Option trade: Sell put at next support price.
Close this position before 10/27/2020 Earning.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Sideway, near bottom
Trendline break and re-test.
Stock trader needs to wait. 10/27/2020 Earning, it may gap to the demand zone.
Entry 142
Stop 139
Target 157; reward:risk=5:1
Option trade: Sell put at next support price.
Close this position before 10/27/2020 Earning.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active
Option trade: SelltoOpen Nov P135/105, limit 2.25; Close this position before 10/27/2020 Earning
Trade closed manually
10/26/2020 Closed before Earning. Limit 2.8Lost 0.55.
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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.
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.