FB seems to be rangebound but its more or less sideways movements.
$187.5/182.5 5 point spread
Price was decent $2.05 for spread cost exp October 25.
Max profit is $1.475/3.525 price of spread at target. Max loss is $153.
Market is moving lower as recession fears are picking up but this rate cut should boost sentiments in time after the tariff anxiety passes in October. We'll see how that plays out.
$187.5/182.5 5 point spread
Price was decent $2.05 for spread cost exp October 25.
Max profit is $1.475/3.525 price of spread at target. Max loss is $153.
Market is moving lower as recession fears are picking up but this rate cut should boost sentiments in time after the tariff anxiety passes in October. We'll see how that plays out.
Trade active:
Added 177.5/170 Put spread
Trade closed: target reached