BIIB Short

PlanTradePlanMM Updated   
NASDAQ:BIIB   Biogen Inc
In downtrend, bounced back to Supply zone
Current Monthly chart price range 73 - 217

Earning 7/26/2022 Estimate 4.09

Short 200
Stop 220
Target 140

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.

Trade active:
Buy Put Butterfly Oct P130/150/170 Limit 2.10
Stop 220
8/31/2022 closed 3.4 winner

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