CVNA: collect 0.65% premium on this short call with strike at $370.
Contract expires next Fri on 18th July.
CVNA made all time high on 8th July at $364 and be rejected with a bearish engulfing candle the same day. Potentially forming a pull back for profit taking.
Set up sold call strike at $370 slightly above the all time high and also short term trade to test out this bearish trade idea.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 2.45 1Lot(s) | -- Closed |
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- NinaEmmie·2025-07-14Interesting approachLikeReport
- DeltaDrift·2025-07-14Not bad! Still profitedLikeReport
