AMD - Look for high $74 range to long to $77.
Great set up for a call options play.
I will be shooting for some $75 strike weekly or (safer bet) 12/9 exp. You should aim to try to get these while price is slightly OTM (so around the $74 range). Ride this puppy up to $77 ($77.14 to be exact) and TP there.
Setting my RR to around 1.4 which is targeting the last demand gapped zone around $73.
This is the ideal setup for these plays.
I will be shooting for some $75 strike weekly or (safer bet) 12/9 exp. You should aim to try to get these while price is slightly OTM (so around the $74 range). Ride this puppy up to $77 ($77.14 to be exact) and TP there.
Setting my RR to around 1.4 which is targeting the last demand gapped zone around $73.
This is the ideal setup for these plays.
Trade closed: target reached:
Called it!
Dipped a bit lower than I thought we would, but we hit our targets!
Dipped a bit lower than I thought we would, but we hit our targets!
