Rarely do I post short dated trades, but wanted to provide people some insight into market mechanics. Within a panic selloff with the full support of the fed, (as it stands today) as rule thumb remember efficient market pricing and use it too your benefit. Count on simple indicators and pragmatic decision making while trading small lots in options or tight stops if long outright. Most importantly, stick to your trading system to profit in every market environment. Will update by end of Day.
PSA => Fed meeting tomorrow
Personal Trading Tip: Don't fight the Fed
Long IWM 200 Call 01/28 @ 2.50 Long IWM 200/203 Debit Spread 01/26 @ .99
NOT FINANCIAL ADVICE
Best of Luck Traders!
Trade active
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Unwinding trade so I don't have to think about it.
Short IWM 205 Call 01/28 @ 2.30 credit
Sold IWM 200/203 Debit Spread 01 /26 @ 1.45
Have free IWM 200/205 Call debit spread 01/28 & .20 profit after fees