Options360

CLDR 5 week trend channel breakout & retracement this morning

Short
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NYSE:CLDR   None
Cloudera (CLDR) reported 3rd Quarter October 2020 earnings of $0.15 per share on revenue of $217.9 million. The consensus earnings estimate was $0.09 per share on revenue of $208.7 million. The Earnings Whisper number was $0.13 per share. Revenue grew 9.9% on a year-over-year basis. The company said it expects fourth quarter earnings of $0.10 to $0.12 per share on revenue of $219.0 million to $222.0 million. The current consensus estimate is earnings of $0.10 per share on revenue of $215.43 million for the quarter ending January 31, 2021. I got a $13.5straddle at 9:36am because it started the day with extreme movement. Structurally it looked bearish even though price action was bullish the first few minutes. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading 101*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com/u/growerik/
www.tradingview.com/gopro/?share_your...

Comment:
sold put side 13 strike turn it into a spread once rsi bullish cross & value doubled
Comment:
sold call side 14 strike turn it into a spread

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