Swing calls for squeeze up - short term trade

Some options activity has been noted today with IV increasing. There is a bit of short interest on this stock. RSI and stochastic need to move up and this recent dip has consolidated and may lead to a quick bounce.

I bought a few weekly 20 calls with stock under 20. Even a short term rally to the daily 20MA will multiply the options nicely.

ความคิดเห็น:

One note of caution - I initially saw 30 May ER date but my broker says today, and I see different dates online.

ปิดการเทรด ด้วยตนเอง:

Took profits >100% on this opening move up. Keeping a few to run more with stop and sell targets set.