SFIX Long Below Support

4 ส.ค. 2020

Bought 2 dec 25 calls for 3.50. Sold a sep atm put vertical to finance it.
Wallstjesus Bull Sweeper
Holding if price establishes balance above monthly VWAP. If we beet below my short strike I’ll look to manage.

Pivot range is higher trend & wide but price is opening the month below. So I expect to see some sideways trade in this one. Just looking to take advantage of price structure & sume bull sweeper action on this idea.

11 ส.ค. 2020

บันทึก

SFIX relative strength today and holding prev Month's Low. 10 dte for put vertical to expire financing the dec LEAPS.
This one still needs to see some energy into the pivot range for the month. But a sector rotation with stronger retail should help this one out.

12 ส.ค. 2020

บันทึก

Early rejectoin into the pivot range. If 22's don't hold I'll look to sell a call vertical above to limit downside on these LEAPS.

14 ส.ค. 2020

บันทึก

Previous Month's Low & Close continue to be the absorption zone. Strong action today, would like to see further strength into the pivot range as we get deeper into the EMA's. Put Vertical is 8 dte with 1.00 left to come out in premium if we stay above 21 strike.

17 ส.ค. 2020

บันทึก

Strong day today pushing into the bottom of the pivot range. I'll be watching 25 for acceptance or rejection into the pivot.

18 ส.ค. 2020

บันทึก

Closed Short Put Vertical for .50 credit. Premiums in this one staying rich, so I took in my $100 and will apply it against my basis for the LEAP.

18 ส.ค. 2020

บันทึก

Closed above the Pivot Point. Will watch for rejection anywhere into 26 and my cut half position.

19 ส.ค. 2020

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Closed 2 Dec 18 25c for 4.40 credit.

Overall Profit of $310 for Long Call & $94 collected on vertical.

Total profit of $414