Trade Idea

Trade Idea is Nike (Long Position)

Not anticipating new high so along with the long position is to sell calls at strike price of $82.50 or $85 to pocket some premium

Entry is 76.38
Initial Target is 78.80
Second target is 81.46
Stop is 73.58

Comentário:

if the trade idea does not trigger, it is positive because it means we did not get Fib retracement predicted.
Sell call option as a cover to your trade because it earns you premium.

Trade ativo:

The trade is active and with a 0.33% current profit. On CFD 800 shares in profit for £151.40.