$IWM Put Trade Ends in Loss

CS_Tradess
08-06

First trade of the day was a loss on $iShares Russell 2000 ETF(IWM)$ puts! ❌

Overall a really simple game plan. Puts under our resistance zone with a target at the lows. Use that zone as my stop incase it doesn’t pan out.

You can see the resistance trying to hold, but eventually we broke out above it and I took the L on this!

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https://x.com/cs_tradess/status/1820517931153002530

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