LONG $AMT ~ LONG SETUP via SELLING PUT SPREAD ~ #OptionsTrading

16 de dez. de 2019

METHOD: Long AMERICAN TOWER {price at entry ~ 215.60} via:

• -2 VERTICAL AMT 100 (Weeklys) 27 DEC 19 220/212.5 PUT @4.20 ; !! may be tough to fill !!
• Trading @ medium IV so going for a positive R:R play
  
• Decay helps if price > 216 and hurts if below;
  

STRATEGIES: Using AMT day chart:

• The 20/50 Mean looks set to make a green cloud after mean crossed.
  
• The Fisher Transform line signaling an oscillation long.
  

TACTICS: The plan in terms of stock price:

• STOP is price < 212
  
• TGT1 220 to exit (5:3 Reward:Risk)
  
• Consider exiting at 50% max profit ($840/2) or better
  
• We may let the Fisher Transform and 20/50 mean together take us out technically for whatever we get win or lose.
  

Will update in comments,
B3
d^.^b

17 de dez. de 2019

Trade ativo

Filled.

17 de dez. de 2019

Trade fechado: stop atingido

Stop reached ... the stock is on a skid on a dull day in the rest of the market. Humm..