Starbucks Corporation
Long
Updated

SBUX Long

148
Support line
10/28 4 PM earning

Entry 113
Stop 112
Target1 120
Target2 126

Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Trade active
Buy 2021 Dec C115/125
Limit 2.24
Delta 0.31; Theta - 0.02
Stop 112
Stop if not move up after earning.
Trade closed: stop reached
closed 1.25, lost 50%.

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