DISH Bearish inclined naked calls 13 Jan expiry

Whats The Plan/Trade/Thought

• Dish is a network entertainment based on channels. Very dated and probably having a rough time attracting new subscribers (12M customers)
  
• Their existing customers will probably hold on to their subscriptions as this is probably due to them being comfortable with their present circumstances. Hence this is entirely behavioural driven
  
• I don't expect to see much excitement from this stock in the next 2 weeks
  
• However I am not too happy with the BP used, as it should be around 50-60k
  

Risk Mitigation
I see 15.66 as my indicator that my direction is wrong. There is also the EMA 100 line that I should not cross on both Hourly and Daily

Can You Trade The Opposite Side (Y/N)
No

Trade Specs
Sold 530 Calls @ 0.05
Strike 16.5
18.14% to Strike
BP Used: 78k
Max Gain: 2650

Comment:

Trade seems to be going my way. This year I am piloting an idea to let my winners ride by augmenting good option trades that have confirmed my trade hypothesis.

This meanS entering a short or long position. For DISH we have entered Short 3500 stocks at 14.70. With a SL at 16.04 or USD -4690