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PlanTradePlanMM
Jun 14, 2021 10:54 PM

TYME Long Long

Description

SMA50/200 as support

Entry 1.5
Stop 1
Target 3.5

Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.

Trade active

BuyToOpen (BTO) 2022 C2/5 0.25x10
BuyToOpen (BTO) 2022 C2 0.4x10
Prepare to sell C5
No Stop

Trade active

sell C4 0.3x10
Current, Hold C2/4 0.1 x10
Comments
James_mesut
Good idea++
EstebanD
Can you clarify :
BuyToOpen (BTO) 2022 C2/5 0.25x10 is the plan but is executed in 2 steps.
1. BuyToOpen (BTO) 2022 C2 0.4x10
2. At a later time sell C5x10 . What is your criteria to sell C5?

Do you ever used credit put vertical spreads?

Thank you for sharing.
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