BTBT Long
Weekly, Wedge breakout + retest
Long 4.0
Stop 3.0
Target 7.5, 12
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/weekly uptrend, and keep 400 days. "
Related trades:
CAN price 1.6 11/19/2024
Buy Jan2026 C1 Limit 1.0; C1 has 0.6 (ITM).
OPK price 1.6 11/20/2024
Buy Jan2026 C1 Limit 0.65x2; C1 has 0.6 (ITM).
POET price 3.9 11/20/2024
Buy Jan2026 C3 Limit 1.05; C3 has 0.9 (ITM).
ACHR price 5.06 11/20/2024
Buy Jan2026 C3.5/10 Limit 1.6; C3.5 has 1.56 (ITM).
RGTI price 1.35 11/20/2024
Buy Jan2026 C1/4 Limit 0.5x2; C1 has 0.35 (ITM).
Long 4.0
Stop 3.0
Target 7.5, 12
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/weekly uptrend, and keep 400 days. "
Related trades:
CAN price 1.6 11/19/2024
Buy Jan2026 C1 Limit 1.0; C1 has 0.6 (ITM).
OPK price 1.6 11/20/2024
Buy Jan2026 C1 Limit 0.65x2; C1 has 0.6 (ITM).
POET price 3.9 11/20/2024
Buy Jan2026 C3 Limit 1.05; C3 has 0.9 (ITM).
ACHR price 5.06 11/20/2024
Buy Jan2026 C3.5/10 Limit 1.6; C3.5 has 1.56 (ITM).
RGTI price 1.35 11/20/2024
Buy Jan2026 C1/4 Limit 0.5x2; C1 has 0.35 (ITM).
Trade active
BTBT price 4 11/21/2024
BuyToOpen Jan2026 Call Spread C3/10 Limit 1.1 ( Delta 0.82 , 420 days )
ITM C3 has 1.0 value.
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.
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.