MAR 2021: SQ $240 – $245 Bull Call Spread
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Trade Structure
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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
N/A – This is a post earnings trade. Overall market movements are not as applicable as they are to our regular mean reversion trades
No Earnings or Significant News
This is a post earnings trade. Earnings were just announced on 2/23
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside the Keltner Channels.
RSI Analysis
RSI is turning up
ADX Analysis
DI- although flat is now turning down.
Trade Analysis
Trade Outcome
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Ending Account Balance