PDD Holdings Inc.
Short
Updated

PDD Short

158
Bounce back to supply Zone, Zone Confirmation
Trendline break

Earning: 8/25/2022 Est. 0.42

Short 62.5
Stop 73
Target 50, 35

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.
Trade active
Buy Put butterfly Oct P20/35/50
Limit 2.38
Sell Call Spread Oct C60/65
Limit 2.2

no Stop in this option
Trade closed: target reached
Oct P20/35/50 2.38 -- sell to closed 3.95
Sell Call Spread Oct C60/65 2.2 -- buy to close 1.2.
winner

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