$SNOW, trading it 1/7For 1/7, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 307 (entry, long), it can see 319-324 (exit)
Break below 291 (entry, short), it can see 274-279 (exit), WATCH THAT 286 area (Previous Day Low)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out my prior posts & recaps (on twitter), have a great one. Not financial advice.