Nymex low formed 57.29...
Now....57.11 may play a crucial roll..
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Nymex low formed 57.29...
Now....57.11 may play a crucial roll..
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Based on swing level..... i am sure....one good move is on the way...
Today 60 points premium eroded...
Stage set for the good move...
We will encash for sure...
My analysis...will post the details in the hangout....
Sold ..1 lot 14300 April put at 164.80...
Sold...2 lots 15400 call April at 146.40....
Cheers...
Your & our 14750 put option bottom reversal trade setup opportunity.... hit target 73 ....
Thanks for your co-ordination da thambi...
Without homework and application of knowledge.... making money is not possible..
Watching the price and watching TV / FTSE / Dow and deciding the trade, never ever going to benefit for you.... don't be a fool.. be wise...
14750 Put validated bottom reversal point...
Entered 4 lots at 54.60....exited at 67.50....
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Relax.... wait for bottom reversal setups.... either call or put....
Till then.... use selling options strategy and be happy...
Over....
Will check the sequence change after 1 o clock ... then we decide...for fresh positions..
As such....no position...
Cheers...
Will catch you after 12.00...
March 14900 call option 5 lots entered at 72.60..... trailing s/l profit executed at 89.40..... (high formed 102.40)
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keeping 116 with trailing s/l ...
Exited at 147.60....
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2 lots short... April 15400 call options..... cost is 126.05...
No range..
Wait of hourly sequence change opportunity...
or else... refer my hangout post on bottom and top ranges...
"Learn and be happy"