Bearish on AMC.
On daily chart, both RSI and +DI indicate over bought, plus the shooting star.
Bought Feb. 10th $12 put for $6.25. Break-even $5.75
Placed a GTC order to close the position @$7
On daily chart, both RSI and +DI indicate over bought, plus the shooting star.
Bought Feb. 10th $12 put for $6.25. Break-even $5.75
Placed a GTC order to close the position @$7
Note
Sold my put at $6.55.It might go down more tomorrow, but there is not much time left,
I don't want to run the risk of a sudden price jump.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.