Shorting some small-caps here as another hedge.
Bought 2x Apr20 $150 calls for $4.30.
Delta: 49
Max loss: $860
Stop Loss: Price at 151.50
Target: Price at $145.10
Again, I'll watch price action around the target to see if it wants to roll further. I might also take off half the position if we get a outsized, quick move right away.
Bought 2x Apr20 $150 calls for $4.30.
Delta: 49
Max loss: $860
Stop Loss: Price at 151.50
Target: Price at $145.10
Again, I'll watch price action around the target to see if it wants to roll further. I might also take off half the position if we get a outsized, quick move right away.
Trade active:
Stop moved to 150.72.
Trade closed manually:
Stopped out here for $3.95 db.
