OptionsRising

Overall, markets will probably retreat next week

Short
OptionsRising Aktualisiert   
NASDAQ:META   Meta Platforms
I am looking for a few good setups to hold over the weekend in case there is a gap down on Monday. The market rise since Wednesday

As shown by markers in the daily and 30min indicators, RSI and stochastic %K and directional volume are at extreme overbought levels. This is true of many other charts as well.
Note the daily RSI is coming up to 50 after a sustained hold below 33. With daily %K at 99 on Thursday, price should pull back. This usually results in another downturn. I bought some 25Mar 210 puts.
Kommentar:
I sold puts on Monday for a small gain. Markets are still following yield up. It will turn, but either wait for a signal or go out in time with puts.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.