OptionPundit

MER intraday trading opportunity

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OptionPundit

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Here is one another quick play that I am playing tonight (already got a fill and the trade is now in action). I shall post my transaction details once I close the trade. There is very tight set-up that I have defined for this trade and this is valid for tonight only.

Here are the charts, first one is the big picture   screenhunter_41.jpg      next one is micro picture   screenhunter_40.jpg     

Profitable trading, OptionPundit

Comments

One response to “MER intraday trading opportunity”

  1. OptionPundit Avatar
    OptionPundit

    Right after my opening the trade, MER started to move lower. I have adjusted the trade into a bear call spread.

    Reply

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