shkspr

Long | RIOT | Intraday play 11/3/2021

Long
shkspr Updated   
NASDAQ:RIOT   Riot Platforms, Inc.
RIOT

Possible Scenario: LONG
Evidence: Price Action
Entry point: buy order : 31.30$ to 31.80$ in case of pull-back, (I don't expect it)
TP1: 32.80$
TP2: 34$

Call options, Strike 32$, 11/ 05 /2021 100 Contract cost is 14k and profit at TP1: 4k at TP2:13k, at 36$: 28k
Call options, Strike 34$, 11/ 05 /2021

*This is my idea and could be wrong 100%
Trade closed: target reached

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