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PlanTradePlanMM
Jan 8, 2024 8:23 PM

CCL Long Long

Carnival CorporationNYSE

Description

Weekly SMA200 as support

Long 17.36
Stop 12.5
Target 30

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.

BuyToOpen 2025 Jan Call spread C20/30
Limit 2.02
SellToOpen 2025 Jan Put P12.5 x2 (Delta -0.16)
Limit 1.02 x2

Cost "0", if price stays between 12.5 and 20, no loss.

Stop below 12.5, max loss about $2.0 x 200.
Comments
wiberg74
And for us who dont live in the US and can buy puts is it a good time to buy for longtime up against 30dollar too?
TORNADOF5
hey , any idea where to buy crox after 20% news pump today ? ={
thanks
PlanTradePlanMM
@TORNADOF5, no idea. I don't know this stock.
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