I know that everyone's definition of risk is different, but in
my view the Beta is too high to have a low risk entry.
It's gapped up or down more that 5% on 8 of the last 10
trading days....
yeah I also went long NKLa last week of the 9 EMA, for a quick
trade only. Otherwise that stock has no business trading
where it is, it's hype for a TSLA competitor
NKLA seems like a low
Posted by arun on 17th of Jun 2020 at 12:29 pm
NKLA seems like a low risk entry here but its very volatile....took some july80 calls
I know that everyone's definition
Posted by z0ned on 17th of Jun 2020 at 02:25 pm
I know that everyone's definition of risk is different, but in my view the Beta is too high to have a low risk entry. It's gapped up or down more that 5% on 8 of the last 10 trading days....
I agree. I called it
Posted by arun on 17th of Jun 2020 at 03:01 pm
I agree. I called it low risk because of the 9 day MA below as a stop. Also i took a small position
yeah I also went long
Posted by matt on 17th of Jun 2020 at 03:42 pm
yeah I also went long NKLa last week of the 9 EMA, for a quick trade only. Otherwise that stock has no business trading where it is, it's hype for a TSLA competitor
Agreed. Which weekly? Several in
Posted by rfa300 on 17th of Jun 2020 at 12:46 pm
Agreed. Which weekly? Several in July have huge spreads.
July monthly expiry
Posted by arun on 17th of Jun 2020 at 12:51 pm
July monthly expiry
Thanks
Posted by rfa300 on 17th of Jun 2020 at 12:56 pm
Thanks