VIX above regular range
After SPY quick down, VIX is high, there might be sideway consolidation.
Short entry 40
Stop 50,
Target 35
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.
After SPY quick down, VIX is high, there might be sideway consolidation.
Short entry 40
Stop 50,
Target 35
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.
Trade active
Sell Sep Call spread C35/50, Limit 4.00 expire in 151 days.
No stop, if VIX stays high, make another short entry.
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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.
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.