NIO short trade
Entry-$11.30
SL.11.80
we will trade as per Risk Reward. Hold the position as per your risk. Stop at $11.80. Stop Loss means stop & move on to another trade.
IV is low so we can buy puts but the problem is that it is Friday tomorrow and holding long puts on weekend is not GOOD as theta will try to destroy your premium.
Entry-$11.30
SL.11.80
we will trade as per Risk Reward. Hold the position as per your risk. Stop at $11.80. Stop Loss means stop & move on to another trade.
IV is low so we can buy puts but the problem is that it is Friday tomorrow and holding long puts on weekend is not GOOD as theta will try to destroy your premium.
