$YUM VERTICAL 250221 PUT 115.0/PUT 120.0$ 

Yesterday formed a bullish candlestick, after a 5 to 6 red candlestick. currently, the price is near the previous low level on Jul 2024. So, i am taking the view that the price has reached the bottom and my poise to move up. Hence, I have opened this bull put spread.

YUM Vertical
01-13 23:20
US115.0/120.0
SidePriceRealized P&L
Credit
Open
-1.04--
Holding
YUM VERTICAL 250221 PUT 115.0/PUT 120.0
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  • DeltaDrift
    ·2025-01-15
    Short term reversal entry?
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    • AyKing
      Yeah, about more than 30days to stay about $120. If price moves fast and reaches my target of more than 50% of the premium, I may exit the trade. :)
      2025-01-16
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