Here's my Options WL for Tuesday:
$FDX/$UPS: FDX is a top watch as it is appearing overextended now like AAPL/FB were last week. That said I'm not going to rush in. This could still run some on recent analyst upgrades. $UPS chart not quite as strong.
$FB: Traded this FRD today for a solid profit and sold around the 11am bounce. Will keep this on WL to see if it weakens vs consolidates over the week.
$SLV: Have a very, very tiny position in Oct $30 calls. Probably guilty of FOMO here, although I wanted some "insurance" in the event the stimulus package was passed overnight. My position is small enough that any loss would be minimal. $26.50 may be new support.
$RIOT: tiny Aug monthly call position overnight, took small profits before EOD. BTC is holding in high 11.8k and low 11.9k and may retest 12k this week.
$TSLA: some weakness a/h , Great trade with ET earlier today. Will be on watch tomorrow if key support cracks.
$SRNE: over $20 a/h, this can keep on going. Looking to buy puts on the backside. NOT rushing in.
$NVAX: mixed Earnings response a/h but near highs, alerts set if a b/o happens this week. Received a MAJOR analyst upgrade earlier today but earnings miss may offset that.
$OSTK: small position o/n with this trade from ET following my method.
This list is a little too long for my likes. I'm really only "watching" FDX and TSLA and half-watching FB, otherwise I have alerts set or these are tickers I'm managing.
Giving myself 4 trades tomorrow. That's it.
That's what I'm learning to do myself. Have 1-2 stocks to watch closely and then set price alerts on the others. Only after I'm familiar with the chart. That way when the price alert hits, I know what my next plan of action will be. Great job recognizing that and also limiting yourself to 4 trades to help with over trading. Good luck today my friend and remember to stay disciplined.
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