Channel Bounce, its rebounding sharper than spy, bullish momentum is stronger
Spy may rebound. I'm using this trade as a hedge against my BAM trade.
Call Price $1.58, Strike $41. Break Even at 42.73
Delta is 0.58
Stop at $0.75
Profit Target is at $2.58
Spy may rebound. I'm using this trade as a hedge against my BAM trade.
Call Price $1.58, Strike $41. Break Even at 42.73
Delta is 0.58
Stop at $0.75
Profit Target is at $2.58