LONG QCOM Good R:R = 4.24 Long

QUALCOMM IncorporatedNASDAQ

Description

⋅ Dec 11, 2020 3:32 PM

Expecting continuation of a trend after pullback. Good risk reward 4.24.

This is a pending order, or you can sell $145 PUT options and collect premium regardless of whether it fills or not.

Comment

⋅ Dec 11, 2020 3:46 PM

Entry triggered! (although chart might not show this correctly as the trade start time needed to be drawn earlier)

Comment

⋅ Dec 11, 2020 3:47 PM

Correct chart below:

Comments

KhanhC.Hoang

⋅ Dec 11, 2020 6:16 PM

what is your expiration date on the put?

asenski

⋅ Dec 11, 2020 6:48 PM

@KhanhC.Hoang, mine is next week, theta should get crushed, but a 30-45 days might be a bit better. watch closely though stop is tight.

KhanhC.Hoang

⋅ Dec 12, 2020 3:29 AM

@asenski, thank you!