Selling Baba puts at support levels in my theory. Looking to take profit at ~50% in time to come.
This support Level has been pretty strong for some time
Side | Price | Filled | Realized P&L |
---|---|---|
Sell Open | 1.88 4Lot(s) | -22.34% Holding |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Why not buy a call or another put to cover out downside risk…? Great insights on the technical part anyway.
its wise to take profit and buy call from the strong support 😎