AUG 2021: GPN $165- $170 Bull Call Spread
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Selection Criteria
Overall market movement
This trade is a post earnings trade. With these kind of trades I pay attention to the individual stock movement more than anything else. The overall market movement does not factor much into it.
No Earnings or Significant News
This is a post-earnings trade. The earnings were announced a few days ago.
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside Keltner Channels.
RSI is sharply turning up
DI- is turning down and DI+ is turning up at the same time.
Beginning Account Balance
Ending Account Balance