I typically don't trade weeklies but saw UOA for CCL and I like the ascending channel it's forming. Also looking flaggy with January AVWAP at $24.94 . MACD giving confluence as well.
Looking for a move near top of channel in next day or two.
Tight stops due to the decay ; 24 and 25 strike , small size. A couple 9/10 contracts as well (most likely will be the better idea if you can afford time)
Looking for a move near top of channel in next day or two.
Tight stops due to the decay ; 24 and 25 strike , small size. A couple 9/10 contracts as well (most likely will be the better idea if you can afford time)
Comment:
Stopped out, mean reversal , look to reenter at bottom of channel