IWM and the overall market are in a decent uptrend coming off crazy lows. with trump coming out with news every minute this makes swinging calls risky but i feel like i don't wanna pass up this opportunity. so I'm gonna buy IWM $200Cs for may 16 i would be taking partial profits just below those trend lines. i would have a sell for a loss if a daily candle close outside the channel
if u want low risk you could do it based of the 2H candle
if u want low risk you could do it based of the 2H candle
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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.