PlanTradePlanMM

NVAX Short

Short
NASDAQ:NVAX   Novavax, Inc.
Supply Zone
11/04 earning

Short Entry 162
Stop 175
Target1 120
Target2 80

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:
Buy 2021 Dec P70/95/70
Limit 2.33
Delta -0.05; Theta - 0.02
no Stop in Price
Stop after 11/04 earning, if no big move.
Trade active:
bet earning down.
Add one more, Dec P85/110/135 2.22
Trade closed manually:
Close Dec P70/95/120 - 2.35 -- Make even
Close Dec P85/110/135 - 3.56 -- small winner
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