NOV 2020: W $240- $250 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 11/03
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside the Keltner Channels.
RSI is inconclusive. This trade was taken based on Support & Resistance levels.
ADX is inconclusive. This trade was taken based on Support & Resistance levels.
Beginning Account Balance
Ending Account Balance