Hello, this is my second trading idea posted here on Tradingview. I have marked out my ranges, 1-4 small and 1-4 big. Swedbank is already above my "big range" and I think 1-3 small step is done.
I have waited a few weeks to open this trade and last Friday I took it on. I'm shorting this with warrants as usual as it gives me a fixed risk. I did't want to use date warrants for this, however the recent price is changed and it may be worth a shot. In this case the market is pricing Swedbank at 174kr 6 months away and 162kr 11 months away. (Let me point out prices have been adjusted since last time I checked and prices are more fair now after the recovery of stock price 12 % gain in 2019 192kr-214kr. So there could be a possibility to use date warrants after all.
A few weeks back I followed the market-makers pricing "date warrants" of this stock at 150kr and below when stock was still 190+ If the global indexes should be weakening going forward, specially euro zone I believe this stock could be heavy and potentially drop a bit. If I should add to current position I will use date warrants for that.
Please let me know what you think. Thanks
This is just an Idea of mine and no recommendation
I have waited a few weeks to open this trade and last Friday I took it on. I'm shorting this with warrants as usual as it gives me a fixed risk. I did't want to use date warrants for this, however the recent price is changed and it may be worth a shot. In this case the market is pricing Swedbank at 174kr 6 months away and 162kr 11 months away. (Let me point out prices have been adjusted since last time I checked and prices are more fair now after the recovery of stock price 12 % gain in 2019 192kr-214kr. So there could be a possibility to use date warrants after all.
A few weeks back I followed the market-makers pricing "date warrants" of this stock at 150kr and below when stock was still 190+ If the global indexes should be weakening going forward, specially euro zone I believe this stock could be heavy and potentially drop a bit. If I should add to current position I will use date warrants for that.
Please let me know what you think. Thanks
This is just an Idea of mine and no recommendation