Slapping on a small hedge here on this pullback.
long Apr20 $168 put for $5.00
51 delta
Stop loss: Price at $170.55
Target: Price at ~163 (will monitor to see how hard we approach this).
long Apr20 $168 put for $5.00
51 delta
Stop loss: Price at $170.55
Target: Price at ~163 (will monitor to see how hard we approach this).
Trade closed: target reached
Target reached, closed late, however, for a $6.30 cr.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.