Target Corporation
Short
Updated

TGT Short

309
Uptrend Wedge break down + revisit
RSI divergence

Short 216
Stop 220
Target 180

Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Trade active
BuyToOpen (BTO) OCT Put Butterfly P160/180/200 limit 2.6
Delta -0.07, Theta 0.00;
no stop in this trade.
MAX RRR 6:1
Trade active
BuyToOpen (BTO) OCT Put Butterfly P190/210/230 limit 1.75

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