Feb. 14 Expiry. Put Credit Spread. 59/64 Strikes. Credit of $3.00 (no lower than $2.90)
Risk $210. Reward $290-$300. POP - 65%
Large $10 gap from $71-$81. This must get filled IMO .
White is stop. Break of white and trade above is invalid ($59.50 or less).
cross just occurred last Friday, 1/10.
10WeekMA price cross with Cross is 80% guaranteed or greater IMO .
play. Expected reporting date may be Feb. 24, not March. 3 (as shown on TradingView). Need to confirm as we get nearer. Source Zacks- https://www.zacks.com/stock/quote/SHAK?q...
Credit to Bullishcharts for this idea after discussing BYND .
Maybe we can both profit off a real meat rally, just like we did off the fake meat rally. LOL
I will update if I enter this trade personally. If I enter personally, I will provide updates as we go :)
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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Website will be ready for launch mid-January 2020.
Disclosure - I am long BTCUSD , GBTC . Short term GDX , SPXS , MCD
Profit $349.05 on 2 contract spread. 1 day hold.
Still waiting for definite confirmation. Think this will happen this week.
Got a few other rods in the fire I need to pull out first.
DIS, MCD and ACB are my bearish plays currently.
LEVI and SPXS are my bullish plays for next few weeks.
Good luck out there. Hope you are getting warmer in your area....finally. No more polar vortex LOL
For some reason I think fake meat will do better....:D
Damn, I sound like a boomer...