LONG COP R:R = 3.35
Updated
Another decent risk/reward here...
Long COP @ 41.70
STOP 38.77
TARGET 51 (ish)
Long COP @ 41.70
STOP 38.77
TARGET 51 (ish)
Note
Looking great so far!Note
Short term calls could be sold at target here... if target is hit you also capture premium. if not - it reduces your cost basis.Note
Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.
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