Hypophysis: AAPL has been trending in a wedge pattern on the weekly and daily time frame since mid-April. I am considering a monthly or weekly call option.
Additional arguments: I am thinking Long because of the yearly trend on AAPL, the Tariff pausing, and the large "buy of the dip" that happened in the first week of April.
Conditions: I need more data points on the daily timeframe to see how the price action reacts towards the tip of the wedge. I plan to re-evaluate my entry/exit points for the long call position around WED-Fri (5/11-5/13).
Conclusion: If anyone wants to chime in here and maybe share how option prices would potentially increase closer to the wedge tip, that would be great! I would only consider an early entry if option prices would be a bargain at an early entry point, but this would sacrifice confirmation by having a looser trade plan.
Additional arguments: I am thinking Long because of the yearly trend on AAPL, the Tariff pausing, and the large "buy of the dip" that happened in the first week of April.
Conditions: I need more data points on the daily timeframe to see how the price action reacts towards the tip of the wedge. I plan to re-evaluate my entry/exit points for the long call position around WED-Fri (5/11-5/13).
Conclusion: If anyone wants to chime in here and maybe share how option prices would potentially increase closer to the wedge tip, that would be great! I would only consider an early entry if option prices would be a bargain at an early entry point, but this would sacrifice confirmation by having a looser trade plan.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.