IWM Update
Since our last post, we hit our entry at $114 today. We entered into Jan 2021 $140 CALLS for $3.40 ea. Very cheap with low options IV. We're already up 20% at EOD before that nice run-up during after hours.
HOWEVER, be wary here. We could be forming a BEAR FLAG on the daily if the price does not break above the upper trend line.
HOWEVER, be wary here. We could be forming a BEAR FLAG on the daily if the price does not break above the upper trend line.
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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.