JUL 2021: UPS $190- $195 Bull Call Spread
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Selection Criteria
Overall market movement
This was a post-earnings trade. The individual stock’s price/action overrides overall market movements for these types of trades.
No Earnings or Significant News
Post earnings trade taken on the next day of earnings.
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside Keltner Channels.
Although, most post-earnings trades disregard mean reversion indicators like RSI/ADX, in this case RSI is in oversold zone which could result in a bounce
Post earnings trade mostly disregard mean-reversion indicators.
Beginning Account Balance
Ending Account Balance