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
BuyToOpen Jun25 Call spread C2.5/5.5 0.46 x5 (C2.5 Delta=0.63 , 188 days )
SellToOpen Jun25 Put P1.5 0.24 x10 ( Delta -0.15, , 188 days )
This is option strategy BFF (Buy for free):
If price goes above $2.5, win; result as buy 500 stock at $1.0.
If price goes down under $1.5, loss. result as buy 1000 stock at $1.5
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