GDX - Bullish Entry

27 déc. 2019

I AM WAITING FOR FILL ON THIS ENTRY

Chart Details
Bull Flag with bullish breakout.
RSI bullish breakout
Weekly trend just turned bullish.
Gaps to fill above. Good entry at lower gap fill around $28.70

Entry Options
Waiting for fill - 1/31 Expiration - 27/31 Put Credit Spread. Take $220 Credit. Max loss $180. Breakeven GDX at $28.80

About Me
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
I am transitioning to my new website moneypatterns.com and will be updating my username here. Same guy - new name. :)
Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC.

27 déc. 2019

Transaction en cours

Order filled at $2.19. I will keep updated on progress.
Keep in mind:
-Position size for trades should be 1-5% on any single trade.
-All options should be exited at 50% profit target, or before expiry
-Or exit at your own risk tolerance for loss (low probability here).
Each leg of this options strategy has 77% and 88% POP (probability of profit). :)