-1 16 Dec 16 IWM SHORT CALL SPREAD 132/135 @ 0.84 ($84)
Shorting IWM here on a nice daily candle at some resistance. I'm looking for a possibly exhaustion of Small caps here and turn around into a recognizable pattern
Max Reward: $84
Max Risk: $216
Target: 50% management
Shorting IWM here on a nice daily candle at some resistance. I'm looking for a possibly exhaustion of Small caps here and turn around into a recognizable pattern
Max Reward: $84
Max Risk: $216
Target: 50% management
Trade closed manually:
Closed this trade 12/9 for just under it's full loss. I don't see it moving down 5% percent in the next week.
