Played $ebay to the short side today with options.
Play
Bought 34.5/33 Put Spread for .57
Reasoning
I will posting updates to the trade as I adjust my position.
Play
Bought 34.5/33 Put Spread for .57
Reasoning
- Competition of Daily Elliot Wave 5 count inside of Weekly Elliot Wave 5.
- Held .786 Fib Extension of Wave 3 resistance.
- 50SMA was left in the dust. Looking for a convergence before continuation.
I will posting updates to the trade as I adjust my position.
Transakcja zamknięta: osiągnięto wyznaczony cel:
Just hit .382 retracement. Successful call for pull back
I am now flat.