Reversal Candlestick, if tomorrow gap down, it might be Evening Star.
Short Entry 207.5
Stop 220
Target 183, 160
Risk management is much more important than a good entry point.
I am not a PRO trader. About 25% of my trades had been stopped quickly.
When only BuytoOpen OTM Options, the Max Risk of each OTM plan should be less than 1% of an account.
BuyToOpen 2026-11-20 Put butterfly P140/160/180, $2.25 ( P180 Delta= -0.28, 128 days )
no stop in this option plan, max risk is 2.25.
Short Entry 207.5
Stop 220
Target 183, 160
Risk management is much more important than a good entry point.
I am not a PRO trader. About 25% of my trades had been stopped quickly.
When only BuytoOpen OTM Options, the Max Risk of each OTM plan should be less than 1% of an account.
BuyToOpen 2026-11-20 Put butterfly P140/160/180, $2.25 ( P180 Delta= -0.28, 128 days )
no stop in this option plan, max risk is 2.25.
Trade active
BuyToOpen 2026-11-20 Put butterfly P140/160/180, $2.25 ( P180 Delta= -0.28, 128 days )no stop in this option plan, max risk is 2.25.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.