UAL Long, Option trade with big stop buffer

מעודכן
Existing Condition:
1. Wedge pattern
2. 3rd touch at the bottom trend line.

Stock Entry: below 26
Stop: 24 (after trendline break)
Target: 50; risk/reward=1:12

Stock trade might be stopped easily.
If it is not an option trade, better wait to short after the bottom trendline break;
or Long after the top trendline break.

In option trade, I bought Sep Call butterfly C35/50/65 (Delta 0.11), limit 1.61;
Sell P13 (Delta -0.12) Limit 1.63;
Total simulate long 23 shares stock for free.
Option stop 13. it is the next fresh weekly demand zone.
If stock price stays between 13 and 35, no gain, no loss;

This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
עסקה פעילה
I bought Sep Call butterfly C35/50/65 (Delta 0.11), limit 1.61;
Sell P13 (Delta -0.12) Limit 1.63;
Total simulate long 23 shares stock for free.
העסקה בוטלה באופן ידני
Closed C35/50/65 limit 3.35. A Winner.
Chart Patterns

כתב ויתור