I’m gonna take a risk here and buy puts on AAPL while premiums are cheap. Chart has had some serious chop last couple days also known as “signs of weakness.” The 210 level fibb looks likely…….
$Apple (AAPL.US)$ Of course be careful as tomorrow mornings CPI data will be the key driver behind the markets movement tomorrow. Personally, im hoping to close this daytrade before close today.
NFA MF
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Black Star : how much of a risk?
RIPPER OP Black Star : Not much …..just trying to point out playing options are always a risk especially if you are unexperienced with them.
RIPPER OP Black Star : Just remember, timing is of the essence here
JonSnow : what is cpi
RIPPER OP JonSnow : CPI data……if you don’t know what it is, google it and learn it.
JonSnow RIPPER OP : nah, will be great data
JonSnow RIPPER OP : $Condor Petroleum Inc (CPI.CA)$
got it
RIPPER OP : If this isn’t a double top, I don’t know what is…..
RIPPER OP Black Star :
RIPPER OP Black Star : Thankfully we got that perfect breakout minutes before close. Was able to close position with a nice profit right before close….. I also kept (2) open as a gamble for tomorrow
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