- Bought the CRM 21MAY21 200 calls on Mar 3 at $18.20.
- Sold the calls on Mar 10 at $22.40 for a gain of 23.08%.
- 3% portfolio allocation.
I bought the CRM calls when the shares dropped below the $210 support level (this was a support level from way back in August 2020) - the shares then held at $205 the following day, and began to move higher - I closed out the trade on Mar 10 when the shares failed at the $216 resistance level for the second consecutive trading day - short and sweet.
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