GE is in a great position with room to run. Levels shown as white lines. Company is under strong leadership who was already working on debt reduction and a redistribution of assets. 7.49 first, then 8+, see you there!!
Previously posted this at last potential breakout. Resistance is tough just above 7. Will need to break through there first, but now we have less restriction with the red cloud below the stock price. Averaging up and turning the trend positive.
@MAKrisp Delta and Gamma are higher for the 9$ calls and the premium will increase more as we get into the 8’s. If you’re willing to drop another .06-.1 per contract, I’d hit the 9’s for next January. Either way good call out, down today actually which helps with a good entry on each contract