SIG Bearish inclined naked calls 15 July expiry

已更新
Whats The Plan/Trade/Thought
  • Signet Jewelers is a retailer of diamond jewellery. With the concerns of the recession, the cooling signs of the job market, layoffs in tech and the overall retail leadership cautiousness during the earnings. I think this is the right direction especially since it is following the larger market direction
  • US retail sales also post the first drop in 5 months as auto purchases plunge and inflation bites

    Risk Mitigation
  • Have two S&R lines before my strike at 69.49 and 65.35. If price breaks 69.49 (7% from strike) will have to start closing this position

    Imagine Yourself Taking The Other Side
  • It just feels dangerous to be bullish especially since we have seen days where all sectors are red

    Look For New Information
  • No new information

    How Do I Feel Now
  • I feel confident about this trade

    Trade specs
  • Sold 110 Calls @ 0.5
  • Strike 75
  • 29.33% to Strike
  • BP Used: 66K
  • Max Gain: 5.5k

交易結束:目標達成
Yay!
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