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LMikeH

Making Love Over Video Chat Looks Bullish

Long
Match Group, Inc. (NASDAQ:MTCH)  
LMikeH Aggiornato   
NASDAQ:MTCH   Match Group, Inc.
Technical Indicators Wave Analysis
2
1
indicator waveanalysis
Setup looks bullish as it completes 5th move of Elliot Wave, bounces off bottom Bollinger Band and cuts through 10 ema on the hourly.
Commento:
Considering that SPY looks bearish right now, I bought puts in MU which seems to have a bearish setup to hedge this.
Commento:
sold calls at 81.87, looks like SPY formed head and shoulders. I want to avoid market risk as I already exited my hedge early since it hit it's stop. Maybe in the future I shouldn't do that?
Commento:
Net profit of .23 including loss on hedge
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