Positions: imgur.com/0RyPGlg
Suffered minimal losses accumulating this position so far since i was hedged and mostly entered at around 21.96 levels and kept repositioning lower and lower.
As apes who bought calls at $25 and $26 close their calls with -90% loss, this stock is going to bump back to $25-$26 levels as long as the market does not crash tomorrow (which is a real possibility, SPY $380-$386 and VIX/UVXY Pump. IV is quite high right now with 1 hour left to close and earnings ahead. Probably best to get in with shares and not with options.
Suffered minimal losses accumulating this position so far since i was hedged and mostly entered at around 21.96 levels and kept repositioning lower and lower.
As apes who bought calls at $25 and $26 close their calls with -90% loss, this stock is going to bump back to $25-$26 levels as long as the market does not crash tomorrow (which is a real possibility, SPY $380-$386 and VIX/UVXY Pump. IV is quite high right now with 1 hour left to close and earnings ahead. Probably best to get in with shares and not with options.
Note
Vix is spiking with perfect timing. Be careful.Trade closed: target reached
I've exited whilst selling above the ask during volatile moments more than i would've sold stuff if there was no volatility.The whole market is "squeezing" right now, so there's gonna be a top eventually... RSI can't be overbought for too long on the minute charts.
I've left a couple of runners, but the rest is out. Good luck tradingers.
Trade closed manually
No runners left. I'm out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.