PlanTradePlanMM

SNOW Short

Short
NYSE:SNOW   Snowflake Inc.
Bounce back to supply Zone, Zone Confirmation
Trendline break

Earning: 8/24/2022 Est. -0.01

Short 139
Stop 157
Target 100, 80

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active:
Buy Put Butterfly Nov P80/100/120
Limit 2.45

no Stop in this option
Trade closed manually:
Nov Option is near expired.
Surprise, Down $20 today, current price 131,
Close this option position 2.8.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.