3M Company
Long
Updated

MMM Long

348
Earning 4/25/2023 (Positive)
Price near monthly support

buy 103.5
Stop 99.5
Target 112, 124

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.

BuyToOpen 2023 Aug Call butterfly C110/130/150
Limit 2.70
Trade active
BuyToOpen 2023 Aug Call butterfly C110/130/150
Limit 2.70

No Stop in Option, 2.70 is the hard stop, which is the max loss.
Trade closed manually
Closed 2.96,

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