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PlanTradePlanMM
Jan 22, 2021 6:09 PM

SPR Long  Long

Spirit Aerosystems Holdings, Inc.NYSE

Description

EMA50/200 as support zone
Daily Wedge pattern,
wait for Breakout Gap up

Entry 38
Stop 32
Target1 50
Target2 65

2/3/2021 Earning Date, May Trigger the Gap.

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.

Trade active

Option trade:
Buy 2021 JUL Call Spread 50/60, limit 1.45,
Delta=0.14 Theta =-0.00
Stop 32

C50 Delta=0.32,

Trade closed manually

Closed 2.15; small winner
Comments
swipuchka
nice!
huynhs2
Even with good news, spr still go down lol. I love spr for long term but its still undervalue.
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