PREMARKET SUMMARY
5/28/2021
$CRM calls
STRIKE: $240
EXR: May-28-21
TARGET: $245
MY POTENTIAL ENTRY:
IF IT CAN BREAK PREMARKET HIGHS
STOP LOSS 30%
$BYND CALLS
STRIKE: $150
EXR: MAY-28-21
TARGET: $162
MY POTENTIAL ENTRY:
IF IT CAN HOLD ABOVE $150
AND BREAKS PREMARKET HIGHS
STOP LOSS 30%
$AMC CALLS
STRIKE: $30
EXR: MAY-28-21
TARGET: $35
MY POTENTIAL ENTRY:
IF IT CAN GO BACK UP
ABOVE $30 AND BREAKS
PREMARKET HIGHS
STOP LOSS 30%
$F CALLS
STRIKE: $15
EXR: MAY-28-21
TARGET: $15.75
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
RESISTANCE $15.25 AND
CAN HOLD 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.