NFLX - Short Term Bullish Entry
NFLX just had bullish EMA cross on Daily.
Weekly and Daily trend both confirm bullish trend.
RSI is bullish.
Gap to fill from $335 - $360.
I sold a Put Credit Spread for 12/27 expiry using $310/$315 spread for $2.20 credit.
If we close above $310 and $315 by 12/27 (9 days) I keep the entire credit.
I may exit the position at 50% for quick profit.
I will update if I close the position or if things go against me.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC, NFLX
Weekly and Daily trend both confirm bullish trend.
RSI is bullish.
Gap to fill from $335 - $360.
I sold a Put Credit Spread for 12/27 expiry using $310/$315 spread for $2.20 credit.
If we close above $310 and $315 by 12/27 (9 days) I keep the entire credit.
I may exit the position at 50% for quick profit.
I will update if I close the position or if things go against me.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC, NFLX
Trade closed: target reached
Took in $220 credit. (Put credit spread)Bought back for $105.
One day hold for profit of $115.
Closed position at 50% profit.
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.