HD bearish back down to 290
Looks to respect the channel
Just gonna play a bearish put spread of some sort
Broad market somewhat weak
Options markets are wide in this stock and therefore suck, but i think it's worth the fight to get filled.
I'm long the April 290 puts and will sell another strike against those before end of day to leg a debit spread of some sort... not sure what yet.
Depends on whether I'm +\- by end of day because if it were to drop enough today i'll just take it off
Worst case scenario it breaks above the channel in a dramatic way and I'll have to address that
Just gonna play a bearish put spread of some sort
Broad market somewhat weak
Options markets are wide in this stock and therefore suck, but i think it's worth the fight to get filled.
I'm long the April 290 puts and will sell another strike against those before end of day to leg a debit spread of some sort... not sure what yet.
Depends on whether I'm +\- by end of day because if it were to drop enough today i'll just take it off
Worst case scenario it breaks above the channel in a dramatic way and I'll have to address that
Nota
Sold the 290 weekly puts to reduce delta risk and steal a little theta overnightHope i don't regret not closing it outright
So now i'm long the April 290s and short the weekly 290s puts
Nota
all closed around open, filling spreads in HD is like pulling teeth, options lack liquidity
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.