My September Options Playbook : limiting risks with small returns, september opportunities for beginner
Choosen AAPL because chart pattern shows reversal before latest announcement. Right after announcement price dipped because of market makers, or disappointment from traders or investors with high expectations.
I have few losses experience with option trading, therefore i trade more to accumulate more experience despite the return is relatively small.
I Used vertical spread strategy: Bull call spread it limiting my losses and reduce or prevent chances of being assigned.
Closed the position in same day, gained $40 compared to the invested ampunt of $55, its a 72% gained.
Previously i traded few bull call spread and bull put spread, been thru up and down because inexperience. Trade more with small amount and limiting losses (spread strategies) combine with chart patterns and price action to gain experience, achieve high win rate, and good return ratio is my goal.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment