Oct 2021: NFLX $620 – $625 Bull Call Spread
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Trade Structure
Trade Date
Price Paid
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Markets are literally melting up!
We are on week 6 of back to back winning trades and so far where we literally had 100% winners every week. We had only 1 loser which I cut at 50% loss recently. But next week is shaping up with 99% winners again. Our group has dropped our market exposure to 15% – 20% (compared to the usual 30% that I trade at). This way we can continue to take advantage of green markets but at the same time keep our market exposure on the lower end.
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Rationale
Trade Selection Criteria
Overall market movement
This is a post earnings trade, the individual stock’s price movement is more important than the overall market.
No Earnings or Significant News
This is a post earnings trade and earnings were announced before market open
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside Keltner Channels
RSI Analysis
Trade was taken purely based on price/action
ADX Analysis
Trade was taken purely based on price/action
Trade Analysis
Trade Outcome
Profit/Loss
Beginning Account Balance
Ending Account Balance