For the OPN subscribers I metioned on the forum-
If VISA crosses $76, there may be a small $2-$4 move window for intra day trading.
I earlier posted my VISA gains. We closed OPN credit spread for +21% gain. When VISA moved past $76 I entered with May 80 calls purchased at average price of $1.3166. And started off-loading those at various prices levels averaging +82.9% gains for less than a days’ holding. Of course, it closed much higher. But I am quick to lock profits, so no coulda, woulda, shoulda!!
As Mastercard was rising, it offered another opportunity for intra-day trading. May 290 calls bot for 3.80 were sold for $4.40, collecting a nice +15% gains, again for intraday trading. Besides this, market isn’t excited about anything else. Can’t add MA’s screenshot for technical reasons.
Profitable trading, OP
intraday trading, MA, master card, V, VISAOptionPundit© (OP) is designed for novice as well as serious option traders. It is a stock & option trading blogsite that is dedicated to the following objectives: read more ⇒
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