rlim
Long

entered long $DIS at 106

NYSE:DIS   WALT DISNEY COMPANY (THE)
15 1 0
Taking advantage of the bearish market movement today.
$SPY still holding above support area of 106.

Taking a gamble, because I think market is still bearish . Down .85% so far today.
But $DIS had strong move yesterday, so I think today are people taking profits.
As long as it holds 106, I am 75% confident we will have a good day next week.
Other 25% depends on the general market next week.

I am going for a 1:2 risk reward ratio.
Bought to open 110 april             calls w/ 37 DTE            
Risk was selective, below previous low of 102.75
Possible 100% return at 112, therefore target is 112
I went long too. Catching falling knives! LOL
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out