NIO had a sell off, an offering and had 2 lows in around the same price. Is this the bottom?
Long against $41.89 support
Equity, naked put or credit put spread to play.
It may chop for some time before actually rebounding, so burning theta on long call is more risky. Maybe scalps.
Hourly candle closing under $40 invalidates the idea
Long against $41.89 support
Equity, naked put or credit put spread to play.
It may chop for some time before actually rebounding, so burning theta on long call is more risky. Maybe scalps.
Hourly candle closing under $40 invalidates the idea
Trade active
Buying and Selling credit put spreads on dips
#MAMBA MENTALITY
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
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.
#MAMBA MENTALITY
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
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.