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How to Use Breakouts to Plan Successful Options Trades
Stocks often trade between support and resistance for sustained periods of time. When this happens, the underlying is said to be in a channel.
Channels are helpful tools for planning options trades because they allow you to predict how a stock will behave and pick your options accordingly.
While channels can and do last for weeks and months at a time, all assets will eventually break out of a given channel.
Stocks often trade between support and resistance for sustained periods of time. When this happens, the underlying is said to be in a channel.
Channels are helpful tools for planning options trades because they allow you to predict how a stock will behave and pick your options accordingly.
While channels can and do last for weeks and months at a time, all assets will eventually break out of a given channel.