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MDB 16SEP CALL SPREAD

This topic contains 1 reply, has 1 voice, and was last updated by  Igor 3 years, 8 months ago.

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  • #18890

    Igor
    Keymaster

    MDB at 327.65

    This chart is setting up for a move higher (MACD bullish, Squeeze is about to fire and BBands are starting to open up)

    Liquidity is not the best in this name, so be patient. Also, only risk what you’re willing to lose.

    This is a Call Debit spread that has about 41% prob of profit.

    The breakeven price is around 334.60 by September monthly expiry. I’m looking for 380+ within that timeframe.

    Chart:

    Risk Profile:

    Order Ticket:

    #18899

    Igor
    Keymaster

    MDB at 354.84

    I’m going to trim this trade here and possibly set up a new trade

    Risk Profile:

    Order Ticket:

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