Same theme as SPY, we have an excellent long opportunity here. I like the VIX and pseudo-VIX activity today (USDMXN if you might ask), so I think we have a bottom in place here. Stop is a new low, risk 0.5% going long at market open, add to reach 1% risk on dips in the following 3 days. You may or not hedge with either a half size LABD position, or IBB puts at $255, Dec 16 expiration.
Good luck!
Ivan Labrie.
Good luck!
Ivan Labrie.
Comment:
Good progress on longs, back in profit.
Comment:
Conservative traders are in the money now.
Comment:
I didn't get any love for this one haha...anyone in?
Trade closed manually:
I'm out.
Comment:
I'm looking to reenter, within 3 days or sooner. The pullback is giving a fantastic opportunity to buy back with a hefty position.
Trade active:
Got back in today. -I also shorted NVDA-
