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PlanTradePlanMM
Jan 13, 2021 8:23 PM

AMD short Short

NASDAQ:AMD1D
Advanced Micro Devices, Inc.NASDAQ

Description

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RSI divergence
Breakaway Gap
Possible double top

Entry 92
stop 100
Target 78

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.

Trade active

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Option trade:
Buy APR Put Butterfly P90/75/60 limit 3.6; Delta= -0.09, Theta = 0
Stop 100;

P90 Delta= -0.41
Min 41% to win
Max Reward : risk 11.4:3.6

Trade closed manually

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close 4, small winner
Oscillatorsbreakaway-gap
Comments
ravbajwa1975
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credit bull spread?
PlanTradePlanMM
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@ravbajwa1975, Buy APR Put Butterfly P60/75/90 cost 3.6
SunnyHillCapital
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Third touch on the trendline with the divergence, key setup. Nice job.
Dave-FX-Hunter
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Nice setup mate
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