{"id":8420,"date":"2017-08-24T11:14:27","date_gmt":"2017-08-24T15:14:27","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=8420"},"modified":"2017-08-24T11:14:27","modified_gmt":"2017-08-24T15:14:27","slug":"proactive-spreads-august-24th-2017-baba","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-august-24th-2017-baba\/","title":{"rendered":"Full Time Profits, August 24th 2017 &#8211; BABA"},"content":{"rendered":"<p id=\"JfvbQxO\"><img decoding=\"async\" loading=\"lazy\" width=\"1021\" height=\"560\" class=\"size-full wp-image-8421  aligncenter\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eec966d88e.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eec966d88e.png 1021w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eec966d88e-300x165.png 300w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eec966d88e-768x421.png 768w\" sizes=\"(max-width: 1021px) 100vw, 1021px\" \/><\/p>\n<p>Volatility continues to pick up&#8230; on both sides fo the trade. After a strong breakdown, there was very little followthrough. This led to a big gap higher into the range. So far it feels like another failed breakdown. I&#8217;m keeping a close eye on the open trade from August 17th&#8230; if the market can get back above that and hold, then we&#8217;re going to run hard into 2500.<\/p>\n<h2 style=\"text-align: center;\">Trade #1: BABA<\/h2>\n<p id=\"bWAgLvT\"><img decoding=\"async\" loading=\"lazy\" width=\"1010\" height=\"443\" class=\"size-full wp-image-8422  aligncenter\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eecfa36900.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eecfa36900.png 1010w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eecfa36900-300x132.png 300w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/08\/img_599eecfa36900-768x337.png 768w\" sizes=\"(max-width: 1010px) 100vw, 1010px\" \/><\/p>\n<p>Stock had a great run after earnings. I&#8217;m expecting it to pull back and establish a new equillibrium range. Into that pullback is where I want to short put spreads. I&#8217;m looking at the 10 day moving average as the first support level.<\/p>\n<p><strong>Trade Setup<\/strong><\/p>\n<p>Expected Price: 167<\/p>\n<p><strong>Sell To Open BABA Oct 145\/140 Bull Put Spread<\/strong><\/p>\n<p>Tier 1: Enter at 0.65, Exit at 0.15<\/p>\n<p>Tier 2: Enter at 0.95, Exit at 0.65<\/p>\n<p>Tier 3: Enter at 1.25, Exit at 0.95<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volatility continues to pick up&#8230; on both sides fo the trade. After a strong breakdown, there was very little followthrough. This led to a big gap higher into the range. So far it feels like another failed breakdown. I&#8217;m keeping a close eye on the open trade from August 17th&#8230; if the market can get [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8420"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=8420"}],"version-history":[{"count":2,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8420\/revisions"}],"predecessor-version":[{"id":8424,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8420\/revisions\/8424"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=8420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=8420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=8420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}