JNJ Long, V Pattern and Fib 0.382 Retracement

2020年6月15日

V Pattern,
Fib 0.382 retracement
Demand zone is not confirmed yet.

Estimate: Gap Up (G1) above EMA144

Earning will not affect this trade.

Entry: 140.5
Stop: 137.5; Below Demand zone
Target: 155.5; risk/reward=1:5

This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

2020年6月15日

トレード稼働中

BuyToOpen Sep C155 Limit 2.40
Stop Below 137.
Verify Gap and estimate Gap are very important steps in Option trading plan.

2020年6月19日

トレード稼働中

Sell C160 Limit 1.62
Till now, Risk 0.8 to win 4.2, risk/reward =1:5
No stop needed. This is a small winner for now.

2020年7月15日

トレード稼働中

7/6/2020 BuyToClose C160 Limit 0.65 -- Win 0.97
Sell C160 Limit 1.68. Total Sold 2.65. Good to cover the cost 2.4.
This is a small winner now. It could be a big winner later.

2020年8月4日

トレード稼働中

BuyToClose C160 Limit 0.44 -- Win 1.68-0.44=1.24
Till now: initial cost 2.4, first sold offset win 0.97, 2nd sold offset win 1.24
2.4-(0.97+1.24)=2.4-2.21=0.19 -- this is current max risk to hold Sep C155.

2020年9月9日

トレード稼働中

8/28 Sell to Open C160x2 and Buy To Open C165 -- Limit 0.84.
9/9 BuyToClose C160x2 limit 0.1x2; 0.84-0.19-0.2= 0.45
Till now, hold C155 and win 0.45