Coca-Cola Company (The)
Long
Updated

KO Long

462
Demand Zone confirmation
EMA50/EMA200 as support zone
Uptrend Channel bottom

Entry 51
stop 49
Target1 55
Target2 58

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.

Trade active: Option trade:
Buy May Call Spread C52.5/60 limit 1.55; Delta= 0.31, Theta = -0.01
Trade active
Option trade:
Buy May Call Spread C52.5/60 limit 1.55; Delta= 0.31, Theta = -0.01

No Stop in this option;
C52.5 Delta= 0.43
min probability 43% to win, max reward/risk 3:1;
Trade closed manually
close 0.9, small loss.

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