Topping pattern on SMH with MACD divergence down

14 Jan 2020

Been away overseas for last month or so. back at my trading desk now. Topping pattern on SMH with MACD divergence down. Not huge clarity on double/triple top. grabbed Jan 24th expiration 137.5 and 140 puts at .35c and .56c

15 Jan 2020

Catatan

Up 20% and 43% this morning, watching closely to cash out some of these

15 Jan 2020

Catatan

taking a third of each off the table for 20 % and 52% gain

15 Jan 2020

Catatan

well turns out we got 43% and 78% gain on the third sold

16 Jan 2020

Catatan

holding 2/3rds of these still tomorrow morning if decline resumes we'll hold these

22 Jan 2020

Catatan

sold remainder at .15c and .29c

22 Jan 2020

Trading ditutup: stop tercapai