FEB 2021: REGN $450- $455 Bull Call Spread
Stock
Trade Structure
Trade Date
Price Paid
Expiration Days
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Rationale
Trade Selection Criteria
Overall market movement
N/A this is a post earnings trade. The individual stock’s price action is more important for these trades.
No Earnings or Significant News
This is a post earnings trade. Earnings were announced a few days ago.
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside the Keltner Channels.
RSI Analysis
Although, this is a post earnings trade, RSI is now beginning to show some signs of a recovery
ADX Analysis
DI- is flattening out, giving us further conviction about this trade.
Trade Analysis
Trade Outcome
Profit/Loss
Beginning Account Balance
Ending Account Balance
Can I ask how your beginning balance is higher than ending account balance
My account balance is affected by all positions that I have open in an expiration cycle. All the positions add up to it. In this case, FEB and MARCH were affected by the 12% correction in Nasdaq. As I document more trades, you will see that I had some losers in March due to the correction.
Nishant-
I just finished your wonderful book.
I will re-read it on the flight home
Thanks so much for putting this all together.
I will be signing up for the full service!