Happy New Year!
After a strong Christmas rally, the market is in a correction.
The trend is still up unless the market tells us otherwise.
Yesterday, I opened new Positions in IWM.
I expect the upward trend to continue after breakout at $198. With a short put I would like to participate in an upward movement.
Facts:
Short Put - $188
Credit: $1,75
45 DTE - Feb16 '24
IVR: 34 with historical IV above 20%
best regards
toni
After a strong Christmas rally, the market is in a correction.
The trend is still up unless the market tells us otherwise.
Yesterday, I opened new Positions in IWM.
I expect the upward trend to continue after breakout at $198. With a short put I would like to participate in an upward movement.
Facts:
Short Put - $188
Credit: $1,75
45 DTE - Feb16 '24
IVR: 34 with historical IV above 20%
best regards
toni
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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.
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.