PlanTradePlanMM

NKLA prepare to Long

Long
NASDAQ:NKLA   Nikola Corporation
Wedge Breakout
Prepare to long when back to up trendline;

Entry 20
Stop 15
Target 35

Trading Stock, wait for this entry point.

IV is high. Sell Put under the entry point for now.

I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active:
Option trade:
IV is high. Sell Jan 17.5 PUT, limit 1.7.
Stop 15
Trade active:
Price down to 18, rollover the sold put to lower price with more days:
BuyToClose Jan P17.5 limit 3.6
SellToOpen Mar P12.5 Limit 3.1, Still have credit 1.2;
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