PREMARKET SUMMARY
6/02/2021
$BB CALLS
STRIKE: $13.5
EXR: JUN-04-21
TARGET: $14.25
MY POTENTIAL ENTRY:
IF IT CAN HOLD ABOVE $13 AND
BREAKS PREMARKET HIGHS
STOP LOSS 30%
$AMC CALLS
STRIKE: $41
EXR: JUN-04-21
TARGET: $45
MY POTENTIAL ENTRY:
IF IT CAN BREAK THE $40
RESISTANCE AND HOLDs ABOVE IT
STOP LOSS 30%
$RLX CALLS
STRIKE: $12.5
EXR: JUN-18-21
TARGET: $14
MY POTENTIAL ENTRY:
IF IT CAN HOLD ABOVE $14 AND
BREAKS PREMARKET HIGHS
STOP LOSS 30%
$ZM CALLS
STRIKE: $345
EXR: JUN-04-21
TARGET: $355
MY POTENTIAL ENTRY:
IF IT CAN BREAK THE $343
RESISTANCE AND HOLDs ABOVE IT
STOP LOSS 30%
SMALL POSITION
+
STOP LOSS IS KEY
CUT LOSSES QUICKLY
LET WINNERS RUN
THAT'S THE POWER OF OPTIONS
STOP LOSS: MY MAX LOSS
TOLERANCE OF ANY TRADE IS 30%
THE ESTIMATED TARGET DOESN'T
MEAN THAT THE STOCK OR ETF
WILL GO TO THE TARGET.
ONLY THE PRICE ACTION AT THE
MARKET OPEN MATTERS
TRADE ON YOUR OWN
BEGINNER GUIDE:
NO EXPERIENCE AND OR CAN'T
TOLERATE ANY LOSSES:
ONLY PAPER TRADING
SOME EXPERIENCE AND CAN
TOLERATE SMALL LOSSES:
ONLY 1 CONTRACT
(MAX $300)
STOCKS CAN SUDDENLY CRASH DOWN
OR BURST TO THE UPSIDE.