NKE plays on major support level.
Price Action and Fork confirmed so I set up my RiskReversal.
Earnings ahead...I can take it.
Worst case would be to own the stock if all goes bad and I get assigned.
I then would just sell covered Calls/Puts to bring down the cost basis (entry point of stock).
The WWTGT would be a WolfeWave target, which is exactly the U-MLH.
Very curious how this one plays out.
P!
Price Action and Fork confirmed so I set up my RiskReversal.
Earnings ahead...I can take it.
Worst case would be to own the stock if all goes bad and I get assigned.
I then would just sell covered Calls/Puts to bring down the cost basis (entry point of stock).
The WWTGT would be a WolfeWave target, which is exactly the U-MLH.
Very curious how this one plays out.
P!
Note
Nike coils - slanted.Looks like someone accumulating.
Holding on to my idea.
Note
Hell - This market is wearing NO FAST SHOES §8-)Grinding my long Call to death - altough, the short put compensates for the daily losses. Theta trades + directional + skew is a nice setup.
Like Options very much!
...now run NKE!
Note
Trading Gods testing my patience.Stil 81 DTE, so letting it play with my nerves...
Note
hurry hurry hehe...
🔱 WHY FOLLOW & BOOST ME? 🔱
✅ Your greatest BENEFIT: learn to make money
✅ My GIFT to you: earn while learning
✅ Your best INSIGHT: wins & losses go hand in hand
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
✅ Your greatest BENEFIT: learn to make money
✅ My GIFT to you: earn while learning
✅ Your best INSIGHT: wins & losses go hand in hand
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
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.
🔱 WHY FOLLOW & BOOST ME? 🔱
✅ Your greatest BENEFIT: learn to make money
✅ My GIFT to you: earn while learning
✅ Your best INSIGHT: wins & losses go hand in hand
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
✅ Your greatest BENEFIT: learn to make money
✅ My GIFT to you: earn while learning
✅ Your best INSIGHT: wins & losses go hand in hand
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
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.