Description
TMUS began its bear market following the major trendline break in August. It has now broken through major support at 108.5 established SEP - OCT of 20'.
The break through 108.5 is the signal for the entry, and also the stop loss for the position.
Using long puts to leave the downside open.
The level of the VIX right now is my primary concern in opening long option positions. I consider all of my positions risky, and manage risk accordingly.
Long Put
Levels on Chart
SL > 108.5
PT : 92
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/31 100P
R/R & Breakevens vary on fill.
Manage Risk
Only invest what you are willing to lose
TMUS began its bear market following the major trendline break in August. It has now broken through major support at 108.5 established SEP - OCT of 20'.
The break through 108.5 is the signal for the entry, and also the stop loss for the position.
Using long puts to leave the downside open.
The level of the VIX right now is my primary concern in opening long option positions. I consider all of my positions risky, and manage risk accordingly.
Long Put
Levels on Chart
SL > 108.5
PT : 92
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/31 100P
R/R & Breakevens vary on fill.
Manage Risk
Only invest what you are willing to lose
การซื้อขายยังคงดำเนินอยู่:
Filled @ 1.7
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:
Filled @ 1, -41%
Position reversed.
Position reversed.
การซื้อขายยังคงดำเนินอยู่:
Reversed position with 12/10 111/116Cs @ 1.51.
SL @ 108.5
PT @ 116
SL @ 108.5
PT @ 116
ปิดการเทรด: ถึงเป้าหมายการทำกำไร:
Filled @ 3.37, +123%
การซื้อขายยังคงดำเนินอยู่:
Solid retrace, to about the .618 Fib level.
Re-entering short here with 12/31 112Ps @ 2.15
Re-entering short here with 12/31 112Ps @ 2.15
ปิดการเทรด ด้วยตนเอง:
Moving on to other ideas.
Filled @ 1.1, -49%.
Filled @ 1.1, -49%.