Buy Apple around 490 if it stays above, for end of day expiration
Buy FB around 49.0 if it stays above, for end of day expiration
Buy Netflix around 300 if it stays above, for end of day expiration
Hedge & sell FB around 49 if it fails to break above, for end of day expiration
Results:
Buy Apple- lost Apple closed @ 489.1
Buy FB- lost FB closed @ 48.46
Buy Netflix- won Netflix closed @ 306.49
Sell FB- won FB closed @ 48.46
We lost buying Apple & FB although both stayed above most of the time because supports are not strong enough & most stocks dropped at the end of the day
No comments:
Post a Comment