asenski

LONG COP R:R = 3.35

Long
NYSE:COP   CONOCOPHILLIPS
148 views
1
Another decent risk/reward here...

Long COP @ 41.70
STOP 38.77
TARGET 51 ( ish )
Comment: Looking great so far!

Comment: Short term calls could be sold at target here... if target is hit you also capture premium. if not - it reduces your cost basis.
Comment:
Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.

Comments

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