DEC 2020: MRNA $125- $135 Bull Call Spread
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Selection Criteria
Overall market movement
There is no extreme movement in Nasdaq. This was a trade similar to a post-earnings trade.
No Earnings or Significant News
Earnings are behind us and were announced on 10/29
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside the Keltner Channels.
RSI is inconclusive but is showing signs of turning up.
ADX not 100% clear but is pointing down indicating the downward momentum may have lost its legs.
Beginning Account Balance
Ending Account Balance