NASDAQ:LPCN   Lipocine Inc
Weekly Chart
In Uptrend, sideway, near support
OBV > OBV40 ( in my OBV script, weekly chart uses 40 week)

Entry 1.3
Stop 1
Target 2.3

Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Trade active: BuyToOpen (BTO) Dec C1.5/5 limit 0.35x5
Delta 0.22
No Stop in this OP trade;
MAX RRR 9:1
Comment: Correct:
BuyToOpen (BTO) 2023 Jan C1.5/5 limit 0.35x5, not Dec C1.5/5
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.