NIO is out in front of it’s skis, 10/23 target $24
NIO is out in front of it’s skis lately, my 10/23 target is $24. Although long term I’m long on NIO even though it’s lost money its last 4 quarters In a row. Considering the excitement in price action last week, this is a contrarian play on recent sentiment, but it’s a realistic play if I listen to what the chart is telling me. Good luck and happy trading friends...
Trade active
Executed 27/28 StrangleTrade closed manually
sold 28 call at 9:36am & 27 put at 10:19am. made a tiny profit with timing, I'n not going to sit around for -theta. I can always go back in if I see better movement, but no movement ain't good for a strangle...Note
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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.