ENPH - Long @ 166

Beat earnings - Weaker future U.S. guidance with Europe growing albeit Europe being a much smaller share of their current business.

Trading for a short-term bounce.

1st Entry (1/2 position) @ 166
PT 1: 174
PT 2: 180
PT 3: 190
SL - None yet. To add on further if 163 retest

Trade active

1/4 position filled @ 163

Trade active

1/4 position filled @ 161.25. Max position!

Trade active

Bought puts against 1/2 position to hedge.

Note

Added a separate small naked call position.

10 of the Aug 165C @20.20 avg

Note

sold the calls small loss. did not see the bounce I wanted today and won't be able to monitor them closely for the next few days.

Vacation until next week.

I'm net long with shares with puts for short-term downside protection. Added a few more puts to cover 2/3 of the shares position.

Happy trading.

Trade active

Sold portion of puts @ 155. Remaining 1/3 still in place.

Trade active

Layered on puts again here at 158.25 area.

Puts covering 3/4 of ENPH shares position going in to SEDG earnings.

EquityCast

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.

EquityCast