Downtrend Wedge, Bounce back to supply Zone, Trendline break
Earning: 8/12/2022 Est. -0.20
Short 69 Stop 82 Target 60, 45
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.
Buy Put butterfly Nov P30/45/60 Limit 2.46 Sell Call Spread Nov C70/75 Limit 2.05
no Stop in this option
Trade active
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Buy Put butterfly Nov P30/45/60 Limit 2.46 Sell Call Spread Nov C70/75 Limit 2.05
Trade closed: target reached
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8/3/2022 Close Sell C70/75 + 2.9 Loser 9/6/2022 close Nov P30/45/60 3.58 Winner Total is make event.