IvanLabrie

IBB: Go long, hedge or not

Long
IvanLabrie Aggiornato   
NASDAQ:IBB   iShares Biotechnology ETF
Same theme as SPY, we have an excellent long opportunity here. I like the VIX and pseudo-VIX activity today (USDMXN if you might ask), so I think we have a bottom in place here. Stop is a new low, risk 0.5% going long at market open, add to reach 1% risk on dips in the following 3 days. You may or not hedge with either a half size LABD position, or IBB puts at $255, Dec 16 expiration.

Good luck!

Ivan Labrie.
Commento:
Good progress on longs, back in profit.
Commento:
Conservative traders are in the money now.
Commento:
I didn't get any love for this one haha...anyone in?
Trade chiuso manualmente:
I'm out.
Commento:
I'm looking to reenter, within 3 days or sooner. The pullback is giving a fantastic opportunity to buy back with a hefty position.
Trade attivo:
Got back in today. -I also shorted NVDA-

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
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.