aaaaand I'm back! Swung Nio now it's time for some options and my starter positions. I'm impressed with December deliveries plus dark pool sweeps:
Bearish below $46-47
(x) Start a small position (1/4) at this price level
Bullish above $55-56
(x) Start a bigger position (2/4) at this price level
My game plan:
(x) Gap up above $55 with big volume and I'll buy 02/19 65c or 70c at open
(x) No gap, I'll wait for momentum and volume to pickup, I'll then play the same call options
My 3-month PT: $65-72
Bearish below $46-47
(x) Start a small position (1/4) at this price level
Bullish above $55-56
(x) Start a bigger position (2/4) at this price level
My game plan:
(x) Gap up above $55 with big volume and I'll buy 02/19 65c or 70c at open
(x) No gap, I'll wait for momentum and volume to pickup, I'll then play the same call options
My 3-month PT: $65-72