Whats The Plan/Trade/Thought
Risk Mitigation
I see 9.12 as my indicator that my direction is wrong. There is also the EMA 100 line that I should not cross on both Hourly and Daily
Can You Trade The Opposite Side (Y/N)
No
Trade Specs
Sold 510 Calls @ 0.05
Strike 10
23.96% to Strike
BP Used: 66k
Max Gain: 2550
- Travel leisure company focused on cruises and with the potential economic headwinds. With the upcoming uncertainty. I think people are going to focus on working, generating income and savings.
- On Seeking Alpha - Peers seem to be a 50%mix of Hold and Buy
Risk Mitigation
I see 9.12 as my indicator that my direction is wrong. There is also the EMA 100 line that I should not cross on both Hourly and Daily
Can You Trade The Opposite Side (Y/N)
No
Trade Specs
Sold 510 Calls @ 0.05
Strike 10
23.96% to Strike
BP Used: 66k
Max Gain: 2550
Trade closed manually:
Exited this at a loss. Even though price was not yet at strike, but candles and momentum looked very bullish. Cutting losses fast and not hoping is my 2023 goal