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UNP 16SEP CALL SPREAD

This topic contains 2 replies, has 1 voice, and was last updated by  Igor 3 years, 8 months ago.

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #18871

    Igor
    Keymaster

    UNP at 217.18

    I like the chart set up for this stock to move higher.

    This is a simple Call Debit spread. Risk is the debit paid.

    Risk Profile:

    Order Ticket:

    Risk: 4.90
    Reward: 5.10
    POP: 43%

    #18877

    Igor
    Keymaster

    UNP at 223.02

    I’m going to roll up the long 215 call up to 220 strike, collecting a credit which will lower risk in this trade

    Risk Profile:

    Order Ticket:

    #18902

    Igor
    Keymaster

    UNP at 228.74

    It’s time to bail and wait for a new set up

    Order Ticket:

Viewing 3 posts - 1 through 3 (of 3 total)

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