Long

IBB: Go long, hedge or not

Mis à jour

Same theme as SPY, we have an excellent long opportunity here. I like the VIX and pseudo-VIX activity today (USDMXN if you might ask), so I think we have a bottom in place here. Stop is a new low, risk 0.5% going long at market open, add to reach 1% risk on dips in the following 3 days. You may or not hedge with either a half size LABD position, or IBB puts at $255, Dec 16 expiration.

Good luck!

Ivan Labrie.

Note

Good progress on longs, back in profit.

Note

Conservative traders are in the money now.

Note

I didn't get any love for this one haha...anyone in?

Trade fermée manuellement

I'm out.

Note

I'm looking to reenter, within 3 days or sooner. The pullback is giving a fantastic opportunity to buy back with a hefty position.

Transaction en cours

Got back in today. -I also shorted NVDA-

IvanLabrie

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/

Aussi sur:

Publications connexes

SPX: You should buy a core long term position here

par IvanLabrie

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.