Ok putting on this trade now:
| IWO Premium Order Ticket | ||||
| Type | Asset | Duration | Strike | C/P |
|---|---|---|---|---|
| STO | CAT | 18 Nov 16 | 92.5 | Call |
| BTO | CAT | 18 Nov 16 | 95 | Call |
| Total Credit: | 0.6 | |||
Going to add to the trade at .80 and 1.00
If the stock continues to squeeze I will roll up and out to December options.
Take profits if the value trades down to 0.20