- Whats The Plan/Trade/Thought
Plug is a company that will rely heavily on bank loans to operate, this would probably result in accelerated dips with the increasing interest rates
Risk Mitigation
- There is a S&R line at 23.5
Can You Trade The Opposite Side (Y/N)
- No
Trade Specs
- Sold 420 Calls @ 0.17
- Strike 24.5
- 31.8% to Strike
- BP Used: 75k
- Max Gain: 7140