takinprofitss

$SNOW, trading it 1/6

NYSE:SNOW   Snowflake Inc
For 1/6, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 307.5 (entry, long), it can see 317.5-323.5 (exit)
Break below 291 (entry, short), it can see 275-280 (exit)

Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.

Consider following and checking out my prior posts & recaps (on twitter ), have a great one. Not financial advice.
Comment: EOS: Bounced off support rejected resistance, 292 -> 305, ~13 point move, I personally dont like playing inside days or giving inside day plans as the range on those is lower and your risk is higher in comparison to playing near/on the outsides of ranges.
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