REGN short

REGN short trade based only on technical top resistance levels near its all-time high of $754. The trade duration can take several weeks for a significant pullback. REGN earnings are 11/3 pre-market. A short strategy could be to take an otm put position and then roll the strike up or roll the expiry to further dated every few days until the price drop occurs.

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

Trade ist aktiv:

10/14 otm put

Kommentar:

10/14 expiry options data:
Put Volume Total 179
Call Volume Total 102
Put/Call Volume Ratio 1.75
Put Open Interest Total 691
Call Open Interest Total 706
Put/Call Open Interest Ratio 0.98

Kommentar:

REGN otm 10/21 expiry put

Kommentar:

REGN otm 10/28 expiry put