Sell Put Spreads or Sell Call Spreads (Credit Spreads)

DGM Trading Options
DGM Trading Options
For Bullish Trades (Bull Put Spreads):

Sell put strike price below current stock price and buy put strike price with $1 max lost for 1-2 weeks trade or $2-$2.5 max lost for 3-5 weeks trade (stop loss) below the sell put strike price.

Sell Put Spreads or Sell Call Spreads (Credit Spreads)

Make sure checking RSI 14, Stochastic 80, 20, 14, 3 , MACD 12, 26, 9 EMA and linear reg channel 50/100 indicators for bullish trends or bearish trends. At least 3 of 4 indicators favouring the trades to enter. This is a vertical spreads with the same expiry date.

For Bearish Trades:

Sell call strike price above current stock price and buy call strike price with $1 max lost for 1-2 weeks trade or $2-$2.5 max lost for 3-5 weeks trade (stop loss) above the sell call strike price.

Conclusion, max loss is $165 and max profit is only $85. Very poor risks and rewards ratio, what do you think?

Get secure and private access to crypto exchangers from your country:

A good VPN service provides you a secure, encrypted tunnel for online traffic to flow. Nobody can see through the tunnel, get their hands on your online data, or find your real IP address and location. NordVPN is the best VPN if you’re looking for peace of mind when on public Wi-Fi. Securely access personal information or work files, encrypt your crypto exchanges connection, and keep your browsing history and online identity private. Enjoy online free, privacy and security with the additional VPN benefits. For example, access Bybit or Binance from your country which has restricted access. NordVPN.

Create Your Own Banks With Trezor Or Ledger Hardware Wallets.

Alternatively, you can also go for DEX wallet..with a decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Visit OKX Exchange for a DEX wallet solution today!

 

LUV IT -

Written by 

🎮 Daily Game Moments ⬇️ 🔒 | Register as An Author 🎬 Account To Publish Your Trading Journal Daily. ⬇️⬇️ Why you want to do that? Keep it simple so that we can learn more efficiently and effectively by posting out our weaknesses and failures should be celebrated. Every failure is one step toward your success and DGM can set your course for success. ⬇️⬇️⬇️ ACTION MORE 🕹️ A Day Without Gaming 🤠, Staking 😇 or Trading 🤓 Is A Day Wasted 🏆🎯 @DailyGameMoments has Infinite Possibility

Leave a Reply