Romeo Power shares surge on 15x average volume

Romeo Power (RMO), which provides electric truck battery packs, announced a new long-term deal to supply battery packs to heavy-truck giant PACCAR (PCAR), owner of the Kenworth, Peterbilt, and DAF truck brands. Under the deal, Romeo Power will provide battery packs, modules, and battery management systems for two new battery-electric trucks from PACCAR's Peterbilt brand through 2025, the companies said in a statement on Tuesday. Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com/u/growerik/

Trade active:

started this trade yesterday with a low risk entry:
RMO 4/16 itm strangle $10 call, $15 put
intrinsic value $500, risk $105
just added a leg since my protective put has gained so much
RMO 5/21 $10 call

Trade active:

Swapped out my $15 protective put for two $10 put to take profits & keep a floor.

Trade active:

Did some reshuffling
closed with a calendar straddle
4/16 expiry $10 put
5/21 expiry $10 call