On Your Nees!

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I’m still batting a thousand on my positions, so I’m in maintenance mode. I’ll mention one of my nine positions, NEE (Next Era Energy) against which I own January 17 2025 puts. I am looking for two things to happen next: (a) quite likely, a failure of 68.97, completing the reversal top; (b) less likely, a failure of the sharply-ascending trendline.


Here’s the longer-view view, which is why I’ve deliberately purchased puts whose expiration is literally into the next calendar year.