NVDA Long Long

NVIDIA CorporationNASDAQ

Description

⋅ Jan 12, 2021 9:31 PM

EMA50 is support line
Consolidation Channel breakout + revisit trendline

Entry 540
stop 500
Target1 590
Target2 660 (Fib# 1.618 extension )

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.

Trade active

⋅ Jan 12, 2021 9:33 PM

Option trade:
Buy Jun Call Butterfly C610/655/700 limit 3.2; Delta= 0.02, Theta = 0

No Stop in this option;
C610 Delta= 0.39
min probability 39% to win,
max reward/risk 45:3.2;

Trade closed manually

⋅ Jan 27, 2021 9:25 PM

closed 2.78 , small loss

Trend Lines