OPK Long
in uptrend, trendline break + retest
Long 1.6
Stop 1.35
Target 2.2
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.
For non-Pro option traders, better begin from buying ITM options and keep 90+ days, Selling OTM and less than 60 days.
I will try some samples to test my chart reading and OP strategy :
"Buy in the money (ITM) calls in daily uptrend, and keep 400 days. "
CAN price 1.6 11/19/2024
BuyToOpen Jan2026 Call C1 Limit 1.0 (C1 Delta 0.87 , 422 days )
ITM C1 has 0.6 value.
OPK price 1.6 11/20/2024
BuyToOpen Jan2026 Call C1 Limit 0.65 (C1 Delta 0.85 , 421 days )
ITM C1 has 0.6 value.
Long 1.6
Stop 1.35
Target 2.2
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.
For non-Pro option traders, better begin from buying ITM options and keep 90+ days, Selling OTM and less than 60 days.
I will try some samples to test my chart reading and OP strategy :
"Buy in the money (ITM) calls in daily uptrend, and keep 400 days. "
CAN price 1.6 11/19/2024
BuyToOpen Jan2026 Call C1 Limit 1.0 (C1 Delta 0.87 , 422 days )
ITM C1 has 0.6 value.
OPK price 1.6 11/20/2024
BuyToOpen Jan2026 Call C1 Limit 0.65 (C1 Delta 0.85 , 421 days )
ITM C1 has 0.6 value.
Trade active
price 1.6 11/20/2024
BuyToOpen Jan2026 Call C1 Limit 0.65 (C1 Delta 0.85 , 421 days )
ITM C1 has 0.6 value.
Trade closed manually
SellToClose Jan2026 Call C1 Limit 0.60, lose
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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.