AyKing
02-29
I opened $GOOG CUSTOM 240517 CALL 140.0/CALL 150.0$  ,In the daily chart, the price seems to be bouncing off the 150 MA. Coincidently, it is at a support level of $137 which I found. Furthermore, the stochastic is near the oversold region, which also means a potential of price moving up. Looking into the hour charts, today’s price opens and crosses above the down trend line. Based on these, I am expecting the price to move up from here. Therefore, decided to enter this trade.
GOOG Vertical
02-29 22:35
US140.0/150.0
SidePriceRealized P&L
Debit
Open
3.90--
Holding
GOOG CUSTOM 240517 CALL 140.0/CALL 150.0
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Comments

  • corubi
    03-01
    corubi
    what is your criteria for closing? or will you hold till expiry?
    • AyKing: 
      I’ll close if one of the following happens:
      1. price reaches $150
      2. Achieve profits of more than 50% of the invested capital by mid Apr.
      3. Price turns bearish and made a lost of 50% of the invested capital.
  • Sonsonkok
    03-02
    Sonsonkok

    Great ariticle, would you like to share it?

  • Tom Chow
    03-01
    Tom Chow
    good
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