Opening (Margin): /ZW April 21st 725/735 Long Call Vertical
... for a 4.25 debit.
Comments: Taking a small directional shot in wheat here on weakness with a bullish assumption long call vertical. $287.50 max on buying power of $212.50 with a 729.25 break even.
Comments: Taking a small directional shot in wheat here on weakness with a bullish assumption long call vertical. $287.50 max on buying power of $212.50 with a 729.25 break even.
Trade closed manually:
This went immediately wrong, shooting through what I thought would be horizontal support at 720. Closed it out today for a 3.00 credit. (4.25 - 3.00)/2 = $62.50 loss.