AyKing
01-24 06:36
I opened 1.0 unit(s) $PANW VERTICAL 250228 PUT 170.0/PUT 165.0$  ,

In the daily chart, the price is above moving averages of 150 and 200, giving me a positive outlook. The recent low is at around $170. So, I decided to open a bull put spread, hence this trade. As long as price stays above $170, the trade is profitable. 

Tentative earnings report date is on 25 Feb. Next week has FOMC announcement. I noted that william%R is at the overbought region which suggest price may come down. If price comes down, i think the moving averages may act as support levels. Let's see how this goes.

Happy trading 😁

PANW Vertical
01-23 23:08
US170.0/165.0
SidePrice | FilledRealized P&L
Credit
Open
-1.00
1
--
Holding
PANW VERTICAL 250228 PUT 170.0/PUT 165.0
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Comments

  • KSR
    01-24 10:29
    KSR
    👍
  • matthewleong
    01-24 07:08
    matthewleong
    这篇文章不错,转发给大家看看
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