The800to1MillionChallenge
Long

6th Trade: Corbion Breaking Resistance

EURONEXT:CRBN   CORBION
The 6th trade in the challenge was executed on the 17th July. With very little cash balance left over, I decided to buy some call options on Corbion ( CRBN ). According to the B52 Strategy, the stock is in a continuation pattern.

Trade Details
17/07/2018 14:49 17/07/2018 Buy 2 CSM C45.00 15MAR19@0.08 EUR (NLENX2301473) CSM C45.00 15MAR19 EUR -16.00

In summary i purchased 2 out of the money long dated call options. Out to March next year, I am going to sit and forget about this position.
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