July 2020: HELE $195 – $200 Bull Call Spread
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Price Paid
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THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Rationale
Trade Selection Criteria
Overall market movement
The market has been going up non-stop for 10 days, and we got a quick pullback today, when DOW dropped more than 300 points today.
No Earnings or Significant News
Earnings are behind us and were announced on 7/9
Bollinger Bands outside Keltner Channels
This is a post earnings trade – our regular mean reversion indicators don’t apply here.
RSI Analysis
This is a post earnings trade – our regular mean reversion indicators don’t apply here.
ADX Analysis
This is a post earnings trade – our regular mean reversion indicators don’t apply here.
Trade Analysis
Trade Outcome
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Ending Account Balance