SPCE - could start a move up, exit if stock <14.21
You go out a few months and buy call options, or buy stock. The exit price is the low of the recent bullish engulfing candle.
If you buy stock at 15.70, you risk 1.50 per share (<10%) for the reward of $30+ (>100%). If you choose options you might get calls at a good price, before stock starts rising, volume comes in, and IV goes up.
If you buy stock at 15.70, you risk 1.50 per share (<10%) for the reward of $30+ (>100%). If you choose options you might get calls at a good price, before stock starts rising, volume comes in, and IV goes up.
Catatan
This morning I bought Nov.2020 expiry, 20 strike calls. They are cheap right now.Catatan
hourly chart shows price dropped to 14.65ish and stock was bought up, almost a bullish engulfing candle. Now on hourly you see stochastic leading higher above RSI. Daily should see RSI moving up soon if buyers come in.Catatan
still holding these calls. last week also bought 7/17 18 calls which are in green today. See weekly chart, 14day RSI holding over 50 line and 10ema (on my chart) is just crossing 20sma.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.