partyjumpman

Lots of resistance in front SHPG before earning- BCS earning 15%

partyjumpman Updated   
NASDAQ:SHPG   None
195/200 BCS exp 7/15 .65 limit- I will not even look at the trade until SHPG closes over 193.10
The 200 and the trend line should resistance for SHPG should it break through wait for a Close above 193.58.
Consider exiting position or buying back the shorts calls and holding the long calls as SHPG goes to 202.11.
15% in 10 days...
Trade closed manually:
Close out on 7/15 below 195 so we get the premium and options expire ...
Comment:
If was close but our expired worthless about return 13 % not bad
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