EGHT 12/18 strangle play

EGHT $25-30 strangle 12/18 contracts at equilibrium $27.50. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com/u/growerik/

Comment:

add a $30-35 strangle in $29's

Comment:

squeeze

Comment:

Quite the bull flag today:

Comment:

Dave Sipes will be its new CEO. Sipes was most recently the chief operating officer at RingCentral, where he helped the company grow from $10 million in annual revenue to $1 billion.

Comment:

That bull pennant yesterday was an accurate pattern for today's result.