Purchasing BB Puts with 12 Mar exp

24 ก.พ. 2021

I expect price to break through previous support after being rejected at the current resistance. It's possible that price will move to $7.78 and $7.34 within the next 2 weeks.

Therefore, I purchased 12 MAR 21 8 PUTs. I plan to sell these contracts at market value, if they make it to speculated price level.

25 ก.พ. 2021

ปิดการเทรด ด้วยตนเอง

Price broke above the previous price level which suggests, to me, that we could see a bullish turn around here. I closed the trade for break even.