Multiple gap ups outside of the Bollinger Band, mixed with running through multiple longer term and intermediate term Fibonacci levels. Avg short entry at 21.40 looking for a short term top. Not looking to hold short long term, just a trade.
Note
Short calls worked amazing this morning with the IV drop. The long put spread covered the short end on the IV drop, road the long part on the way up. Overall the puts didnt pay as well as one would hope, but profitable. Short stock +.45
Mostly out of the trade now.
Note
Looking for re-entry on the put side if IV drops to better levels depending on the backdrop
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.