OptionsRising

Overall, markets will probably retreat next week

Short
OptionsRising Aggiornato   
NASDAQ:META   Meta Platforms
I am looking for a few good setups to hold over the weekend in case there is a gap down on Monday. The market rise since Wednesday

As shown by markers in the daily and 30min indicators, RSI and stochastic %K and directional volume are at extreme overbought levels. This is true of many other charts as well.
Note the daily RSI is coming up to 50 after a sustained hold below 33. With daily %K at 99 on Thursday, price should pull back. This usually results in another downturn. I bought some 25Mar 210 puts.
Commento:
I sold puts on Monday for a small gain. Markets are still following yield up. It will turn, but either wait for a signal or go out in time with puts.
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.