Uber Technologies, Inc.
Short
Updated

UBER Short

372
Earning 5/2/2023 (Positive)
Open GAP and ran into Supply Zone, breakout and pullback

Short Sell 37.5
Stop 42.6 -- next supply zone
Target 30, 24

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 2023 Sep Put butterfly P20/25/35
Limit 1.8

No Stop in Option, 1.8 is the hard stop, which is the max loss.
Trade closed manually
SelltoClose 0.38, loss

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