Call option, SPXL, SPY -- your choice
entry (2 days ago actually)
My SPXL at 6.8% profit currently
cycle top probably happen around June 4th (first top, could be an extended top into Mid-June)
How High? I have no idea, probably take profit based on timing instead of %.
Stop-loss 4180. Although personally bias towards this trade likely results in profit (like 90% confident), having a stop-loss is always important.
entry (2 days ago actually)
My SPXL at 6.8% profit currently
cycle top probably happen around June 4th (first top, could be an extended top into Mid-June)
How High? I have no idea, probably take profit based on timing instead of %.
Stop-loss 4180. Although personally bias towards this trade likely results in profit (like 90% confident), having a stop-loss is always important.
Trade closed: target reached
11% profit
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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.