Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
Buy stock 0.33 x 1000
Note
Remove risk at Target1 .
SellToOpen Jul25 Call C1.5 0.35x10.
Hold Covered call for free.
Note
Add Covered call:
Buy stock 0.66 x1000,
Sell To Open Jul25 Call C1.0 0.45x10.
Risk 0.21 per share.
Note
Add Covered call:
Buy stock 0.30 x1000,
Sell To Open Jul25 Call C0.5 0.15x10.
Risk 0.15 per share.
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.