NOV 2020: STMP $185- $190 Bull Call Spread
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Selection Criteria
Overall market movement
Nasdaq has been under pressure for last 2 days causing a massive sell-off in all tech stocks
No Earnings or Significant News
Earnings are behind us and were announced on 11/05
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside the Keltner Channels.
RSI is in oversold zone but still inconclusive.
DI- is turning downwards indicating that the downward pressure has lost steam.
Beginning Account Balance
Ending Account Balance