High conviction trade taken, Jan 15th $25 call options 21 contracts dollar cost averaged in.
Been monitoring news and social on NIO recently, had a Chinese fivver tranlsate hundreds of Weibo messages talking about NIO, will be posting my full high conviction trade analysis in the DumbMoney.tv discord channel: dumbmoney.tv/discord you will find it in #high-conviction-trades and #nio later this week.
Been waiting these triangles play out, and entered on a dip that converted the last one from a symmetrical triangle to a downward channel / bull flag, which just broke out this morning.
Next NIO earnings is Nov 10th. They have done over 1 million battery swaps, and the social chatter in China is highly positive.
Been monitoring news and social on NIO recently, had a Chinese fivver tranlsate hundreds of Weibo messages talking about NIO, will be posting my full high conviction trade analysis in the DumbMoney.tv discord channel: dumbmoney.tv/discord you will find it in #high-conviction-trades and #nio later this week.
Been waiting these triangles play out, and entered on a dip that converted the last one from a symmetrical triangle to a downward channel / bull flag, which just broke out this morning.
Next NIO earnings is Nov 10th. They have done over 1 million battery swaps, and the social chatter in China is highly positive.
Note
The 1/15/2021 $25 call options are now ITM ;)Note
lol this is a TSLA Type move, 20 day MA added
Crypto Investor & Speculator / Options Trader, Brave Money Podcast
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
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.
Crypto Investor & Speculator / Options Trader, Brave Money Podcast
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
Training Options Trading with the Dorian Trader community: doriantrader.com/?aff=bravemoney
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.