addyloh
03-11

Great ariticle, would you like to share it?
@AyKing：
I opened $RIVN 20240328 13.0 CALL$ ,In the weekly chart, after a bearish engulfing candlestick, bullish candlestick was formed. This week, price manage to move above the recent support/resistance level of $11.70. The stochastic also in the oversold region. Therefore, I decided to open this trade, expecting the price to move up from here. The cost of this trade is $1.13. To further reduce this amount, I am also opening bull put spread (credit), which I will be shared in the next post. Testing this “option strategy”. 🤔
I opened $RIVN 20240328 13.0 CALL$ ,In the weekly chart, after a bearish engulfing candlestick, bullish candlestick was formed. This week, price manage to move above the recent support/resistance level of $11.70. The stochastic also in the oversold region. Therefore, I decided to open this trade, expecting the price to move up from here. The cost of this trade is $1.13. To further reduce this amount, I am also opening bull put spread (credit), which I will be shared in the next post. Testing this “option strategy”. 🤔

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