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PlanTradePlanMM
Oct 8, 2021 4:40 PM

PDD Long Long

PDD Holdings Inc.NASDAQ

Description

Trendline break

Entry 95
Stop 83
Target 130

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 2022 Jan C110/130/150
Limit 2.3
Delta=0.09
No stop in Option trade

Comment

correction:
Stock Stop 88.
From 88 to 80 ( next Demand), it has 10% downside risk without support.

Trade closed manually

closed 10/25, 2.86, small winner
Comments
skylar0738
please elaborate on Buy 2022 Jan C110/130/150? I'm buying 2 110 call and selling 1 130 call and selling 1 150 call?
PlanTradePlanMM
@skylar0738, buying 110 callx1 and selling 130 call x2 and buy 150 call x1, this is butterfly.
PlanTradePlanMM
@skylar0738, if buying 2 110 call and selling 1 130 call and selling 1 150 call, I will trade as buy C110/130 and C110/150.
Investorchart_uncle
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