BB +40% breakout!

1 de dez. de 2020

I don't know what happened with BB overnight if anyone can fill me in. But either way, Blackberry just had a +40% breakout! Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading 101*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
tradingview.com/u/growerik/
tradingview.com/gopro/?share_your_love=growerik

1 de dez. de 2020

Nota

I went for the $7-8strangle12/4 to catch the movement with risk management

1 de dez. de 2020

Nota

followed with a $8-9strangle12/4 to overlap winning potential either way

1 de dez. de 2020

Nota

now it's all up to theta, delta & IV...

1 de dez. de 2020

Nota

added a $9-10strangle12/4 to lock in current profits and add more potential

1 de dez. de 2020

Nota

Wrapped up morning 6-option order play by adding (3) $7 naked calls & another $7 put at 3:40pm to end the day with a 10-option order position setup for tomorrow. I’m up a bunch and wanted to position myself for any direction tomorrow.

2 de dez. de 2020

Nota

BlackBerry announced it will host a fireside chat for investors today on Wednesday, December 2, to discuss the company's new Intelligent Vehicle Data Platform, with Amazon Web Services, Inc. (AWS). Date/Time: Wednesday, December 2, at 14:00 ET

2 de dez. de 2020

Nota

Consolidating pre-market:

2 de dez. de 2020

Nota

A few historic intraday price action patterns to keep in mind. This doesn't mean it happens today, it's just a probability. Dips till 9:45am, peaks at 11am and 12am. Newsworthy current events at 2pm may peak then also. This is a thesis, what happens will happen. lol

2 de dez. de 2020

Nota

BB 5 year high is $14.55. I'm thinking it hits that in 2021. As far as the rest of this week goes, I think it will trade in a range $8-10.

2 de dez. de 2020

Nota

closed out all my puts

2 de dez. de 2020

Nota

Hmm

3 de dez. de 2020

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Decision time: up or sideways today?

3 de dez. de 2020

Nota

3 de dez. de 2020

Trade fechado manualmente

closed all positions at market open