I opened $ADSK CUSTOM 240531 PUT 200.0/PUT 205.0$  ,In the weekly chart, after a series of bearish candlestick, a bullish candlestick was formed. This may suggest sellers are lesser and buyers are entering. Coincidently, it also happens near a resistance turns support region. The stochastic is at the oversold region and might be due for reverse. Looking into the daily chart, the prices looks like trading sideways and MACD is positive. Hence, based on the recent lowest price of $206, I decided to enter a bull put spread with the short strike set at $205. Let’s see how this trade turns out.
ADSK Vertical
05-11 01:11
US200.0/205.0
SidePriceRealized P&L
Credit
Open
-1.05--
Holding
ADSK CUSTOM 240531 PUT 200.0/PUT 205.0
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  • AyKing
    ·05-13
    I understand that this company develops CAD software for engineers. One of them is AutoCAD which i used it during my poly days 20years ago.
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  • not familiar with this company…

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  • jethro
    ·05-13

    Thanks for sharing 🙏 

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  • Aqa
    ·05-13
    👍🏻
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  • Vic_yk
    ·05-13
    👍🏻
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  • Nggimseng
    ·05-13
    Nice
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  • Nggimseng
    ·05-13
    Nice
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  • 梓坚
    ·05-13
    👍👍
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  • eo1668
    ·05-13
    good
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  • KSR
    ·05-12
    👌👍
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  • Nggimseng
    ·05-12
    Nice
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