NIO Inc.Long
NIO: Update
aaaaand I'm back! Swung Nio now it's time for some options and my starter positions. I'm impressed with December deliveries plus dark pool sweeps:
Bearish below $46-47
(x) Start a small position (1/4) at this price level
Bullish above $55-56
(x) Start a bigger position (2/4) at this price level
My game plan:
(x) Gap up above $55 with big volume and I'll buy 02/19 65c or 70c at open
(x) No gap, I'll wait for momentum and volume to pickup, I'll then play the same call options
My 3-month PT: $65-72
Bearish below $46-47
(x) Start a small position (1/4) at this price level
Bullish above $55-56
(x) Start a bigger position (2/4) at this price level
My game plan:
(x) Gap up above $55 with big volume and I'll buy 02/19 65c or 70c at open
(x) No gap, I'll wait for momentum and volume to pickup, I'll then play the same call options
My 3-month PT: $65-72
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.