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in #money7 years ago

Buy "TLT 5Jan18 126 C" to open hold for movement of $2 in the Price Action. Exit between $1.5 and $2. This is an OTM call so this will either be a Hero or a Zero trade. Meaning expire worthless. Open Interest in this strike increased 775 contracts. I will be out either by midday Friday or if target gets hit.

The limit price is dependent on the price action leading into the open.

GL!!

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This trade failed. Will let it expire worthless.