Buy the Dip Strategy

This is a discussion of the "Buy the Dip" strategy.

Overview

• Long call
• 1 leg

Buy the Dip Strategy Settings

Buy the Dip Open Conditions:

• Stock crosses up through 200 Day SMA
• Stock > EMA10Days
• RSI20Days < 70

Details on Options TradeMachine is Selecting for Buy the Dip Strategy:

• 1x long 40 delta call near 30 days to expiration

Earnings Handling for Buy the Dip Strategy:

• Never Trade Earnings

Buy the Dip Close Conditions:

• Gains Above 50%
• Losses Above 50%
• Options reach expiration

Open next trade for Buy the Dip:

• At Normal Time