Greetings All,
SQ is a $$$ making machine - that is if you sell options! Now that SQ has closed the $270 gap, it may close two smaller gaps created in its recent ascent. I'm targeting a retracement to the 20MA (blue) or 50MA (orange), which is between $235/$240. If we can get to a 78% retracement to close the gap at $218, it would present a great entry.
SQ is bullish. I'm simply swinging options between the highs/lows of this volatile money maker.
Happy Trading!
SQ is a $$$ making machine - that is if you sell options! Now that SQ has closed the $270 gap, it may close two smaller gaps created in its recent ascent. I'm targeting a retracement to the 20MA (blue) or 50MA (orange), which is between $235/$240. If we can get to a 78% retracement to close the gap at $218, it would present a great entry.
SQ is bullish. I'm simply swinging options between the highs/lows of this volatile money maker.
Happy Trading!
交易結束：目標達成
Gap filled. Consolidation, and likely headed lower.
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免責聲明
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