Had a strangle go wrong in PODD. So I added a straddle on the call leg of the trade. I only plan on holding this position for a week. I sold 2 130 calls for Nov 17, one 130 put for Nov 17, and a 125 put for Nov 17 for a total of 33.40 cr. Target profit is 20% stop loss is 50% of credit received, so 670$ and 1,670$ respectively. I expect to exit this position before 10/18
Here is a quick snapshot of Btrst 15m aggregation. I chose this timeframe for three reasons, one being a suspicious. Image 1, Thesis, Braintrust will soon form an Accumulation Box after an extended correction. - Supporting Facts 1. Bullish divergence is present on the Rsi indicator 2. A Descending Volume pattern often precedes a trend reversal, if not a sudden...