o2degreez
Long

DKNG - I Am Buying the Dip

NASDAQ:DKNG   DRAFTKINGS INC
DKNG

CURRENT POSITION (Friday Entry) = 21AUG20 35c x10 @4.90
Adding to position with shares and/or options if it dips to 31 (100ema 4hr). Building a long-term position to hodl but will also continue to swing and scalp as long as it gives us that pleasure.

The Inverted Head & Shoulders is obviously purely speculation but technically speaking it is setting up for a LONG.
Plan accordingly and be careful with the extreme uncertainty in the markets.

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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.

Good luck, happy trading and stay chill,
2degreez
Comment: The more I speak to people from across the country (US) the more I get the feeling the markets, including crypto are going to selloff Monday. Protect yourself and hedge when and where you can. VXX call options are my go to.

Good Luck
Trade active: Bought 100 @ 31.21
Comment: SCALP SOLD 100 @ 33.26
+2.05

Still holding options. Will reenter

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o2degreez joytactics
@joytactics, tough trade. my calls have been hammered. on the daily the inverted h&s is still valid. im just watching here. will add to my calls at some point. i am actually interested to see if it pullsback to 26.35 area/100ema on daily)
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Looking to enter soon?
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