Winner: 41.73% Gain On V Calls
Summary
- Bought the V 19MAR21 190 calls on Jan28 at $14.76.
- Sold the calls on Feb 8 at $20.92 for a gain of 41.73% on the trade.
- 3% portfolio allocation.
I bought the V calls when the shares had found some buying support at the $196.00 level after falling from their $220 peak on Jan 21 - the next day the shares dipped back down below $196, but bounced back to regain this level on the following day, when the price bar turned GREEN (bullish) - the stock than ran for five days, and I booked my gains when the shares stalled at the $210 resistance level.
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