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NXPI 17FEB PUT SPREAD

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

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  • #19132

    Igor
    Keymaster

    NXPI at 161.48

    I’m seeing 8EMA crossing below 21EMA and this could signal a potential move lower. My downside price objective is 145.

    This is a simple put debit spread, risking the debit paid for this trade. Downside breakeven is 160 – debit paid.

    Implied probability of profit (at expiration) around 41%

    Risk Profile:

    Order Ticket:

    #19226

    Igor
    Keymaster

    NXPI at 187.15

    This trade did not work out, taking a full loss.

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