This is my Track 2 trade that takes up 33% of my fund (excluding margin allowance)
This trade currently is aligned to the greater market direction which is bullish/ranging. There also seems to be some positiveness in the reports with inflation cooling and businesses still retaining their workforce despite the Delta virus impact. Have to keep an eye on the market so that I can react accordingly as could shift out of this ranging stance
Sold 55 CA;;S @ 1.01 Strike 40
% to Strike is 33.5% from entry
ATR percentile is low, but it seems like all stocks this monthly have a low ATR A%
Max Gain: est $5555
Total BP Block: 70K
This trade currently is aligned to the greater market direction which is bullish/ranging. There also seems to be some positiveness in the reports with inflation cooling and businesses still retaining their workforce despite the Delta virus impact. Have to keep an eye on the market so that I can react accordingly as could shift out of this ranging stance
Sold 55 CA;;S @ 1.01 Strike 40
% to Strike is 33.5% from entry
ATR percentile is low, but it seems like all stocks this monthly have a low ATR A%
Max Gain: est $5555
Total BP Block: 70K
Trade closed: target reached:
Yay