TMUS Weekly Options Play

Zaktualizowano
Description
TMUS began its bear market following the major trendline break in August. It has now broken through major support at 108.5 established SEP - OCT of 20'.

The break through 108.5 is the signal for the entry, and also the stop loss for the position.
Using long puts to leave the downside open.
The level of the VIX right now is my primary concern in opening long option positions. I consider all of my positions risky, and manage risk accordingly.

Long Put
Levels on Chart
SL > 108.5
PT : 92
*Stops based off underlying stock price, not mark to market loss

The Trade
BUY

12/31 100P

R/R & Breakevens vary on fill.

Manage Risk
Only invest what you are willing to lose
Zlecenie aktywne
Filled @ 1.7
Transakcja zakończona: osiągnięto poziom stop
Filled @ 1, -41%
Position reversed.
Zlecenie aktywne
Reversed position with 12/10 111/116Cs @ 1.51.
SL @ 108.5
PT @ 116
Transakcja zamknięta: osiągnięto wyznaczony cel
Filled @ 3.37, +123%
Zlecenie aktywne
Solid retrace, to about the .618 Fib level.
Re-entering short here with 12/31 112Ps @ 2.15
Zlecenie zamknięto ręcznie
Moving on to other ideas.
Filled @ 1.1, -49%.
Chart PatternsTechnical IndicatorslongputmarketbreadthoptionsplayputsriskyshortTMUSTrend AnalysisVIX CBOE Volatility Index

Wyłączenie odpowiedzialności