Happy Turnaround Tuesday!
As my traders know I believe in placing the bulk of my day trades on Tuesday morning at 9:40 AM central time. Today my gut and my account values told me otherwise. I’m holding The previously mentioned $SOS and $RIDE April calls. Looks like I got greedy and should have sold yesterday. At the end of market today, I took a hefty loss on the $SOS April’s and bought May 5’s at a 3 dollar premium. I hate taking the L, but believe strongly in the trade itself and bought some extra time on the bad tape.
The swing trade using $LABU is also still on- very very bullish in that for a week or two hold.
Ready list below!
March 16th, 2021 “Ready List”
Very Bullish on. The aforementioned stocks and trades.
Happy Trading,
Chase @ Everbullish