OptionsRising

DIS at weekly support, 86-87, check volume - low risk CALLS

Long
OptionsRising Updated   
NYSE:DIS   Walt Disney Company (The)
As stated in a previous chart (linked) - You can buy calls here with a stop below 85 for a low risk swing trade. look for bullish candle patterns and buying volume on 15-30-60 min timeframes.
Otherwise you can switch to puts down to 80, first target.
Trade active:
bought weekly 190 calls at 2.85
Check hourly chart for %K to get over 50, then RSI should follow if buying momentum picks up.
Trade active:
Partial exit at $2.53, I had a tight stop on 2/3 of position to preserve capital.
Trade active:
A great daily candle, still holding 1/3 of my calls. lets see if we get more buyers tomorrow.
Trade closed manually:
I typed wrong strike in my trade note above. I bought weekly 90 calls at $2.85 and sold the remaining 1/3 today for $6
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.