Aussie-scalper

SHort / Put on JHX ( ASX200) - Turtle soup failure 20 day Higg

Short
Aussie-scalper Mis à jour   
ASX:JHX   JAMES HARDIE INDUSTRIES PLC
This is taking advantage of a Failure at new 20 day high, it beat 4 days ago,
but has corrected quickly back in....shows weakness.
I prefer Put options due to risk of false break out again at highs if pushes up one more time in next few days;
I figure June expiry is enough time and only looking for a 4% correction obvious support $1.00 below or more...
For $400 risk, I can profit about $250 after brokerage if works out.
I bought 500 slightly out of money puts with a delta of 0.43 gives position size equivalent of $ 6800 worth.



Trade fermée: cible de profit atteinte:
Proft +6% ...a little better than original target of +4% in a few days.
Trade fermée: cible de profit atteinte

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.