Purchased 110 July 8th $110 puts. Overbought on many daily/ weekly indicators including weekly rsi of 90!!! 95 stochastic, to Bollinger band pierced.
Commento:
Added 10 more puts on this mornings pop. Total 120 puts looking for retracement to $105 or under.
Trade chiuso manualmente:
Closed trade on this mornings drop, ultimately I feel this can go lower. However in my experience when the market is down 850 points in the first 90 minutes of trading we often get a bounce. Closed trade for 35% profit on my 120 puts