Here's an example of a position I established early today. The core of my analysis is centered around price + value, but I do keep note of fibonacci. Though I could be totally wrong (long-term trend is up), taking a short bias that's dynamic (non-static) in nature offers me flexibility if I'm wrong. Add in the explosive theta decay offered by short-dated options, in addition to some hedging, and you're afforded something you can only get with options:
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.