Semiconductor Bear 3X ETF,
Trendline break
Long 3.30
Stop 2.7
Target 5.5, 7.0
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.
BuyToOpen Aug Call C4 x5 contracts
Limit 0.57 x5= 2.85
Trendline break
Long 3.30
Stop 2.7
Target 5.5, 7.0
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.
BuyToOpen Aug Call C4 x5 contracts
Limit 0.57 x5= 2.85
Trade active
BuyToOpen Aug Call C4 x5 contractsLimit 0.57 x5= 2.85
Trade closed manually
SellToClose Aug Call C4 x5 contractsLimit 0.60 x5= 3.00 break even.
10 SOXS merged into 1. The old open options will be hard to close.
Bid/Ask is 0.52/0.69.
Market maker will take advantage in the big Bid/Ask spread.
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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.