$UPST, trading it 1/11
Updated
For 1/11, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 116 (entry, long), it can see 123-126 (exit)
Break below 107 (entry, short), it can see 97-100 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
Break over 116 (entry, long), it can see 123-126 (exit)
Break below 107 (entry, short), it can see 97-100 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out bio and prior posts and recaps (on twitter ), have a great one. Not financial advice.
Note
recap: 116 -> 124, ~8pt move
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