Happy New Year! After a strong Christmas rally, the market is in a correction. The trend is still up unless the market tells us otherwise. Yesterday, I opened new Positions in IWM. I expect the upward trend to continue after breakout at $198. With a short put I would like to participate in an upward movement. Facts: Short Put - $188 Credit: $1,75 45 DTE -...
*High IV enviroment *neutral bias *two resistence levels $86 and $81 *Credit ($1,06) and 42 "DTE"
*EWZ trades in a range with support level at $25,5 *open -P $25 (Jan 20th) at bearish candle *neutral *Credit (0,77$)
NASDAQ:AMZN Short Put $80 (30 DEC) *High IV *AMZN at downtrend, next support level at $86 Credit: $0,91