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JPM at 154.40
Here’s the daily chart of JPM
I’m looking at trend continuation in this stock and based on current option pricing, the expected move is +/- 12 for June expiration.
I’m buying an In/Out spread with about 50% prob of profit with 50 days until expiration. My upside targets are 157.70-160.36
Trade Setup:
BTO $JPM 18JUN 150/160 CALL SPREAD MID 4.83 DEBIT
RISK: $483
REWARD: $517
POP: 47.60%RISK PROFILE: 
Closing trade in $JPM
Order Ticket:
Video:
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