DIS MAR10 110/MAR3 114 DIAGONAL CALL

Updated
Bull Pull Back Set Up:

Disney made a new swing high on the 9th of this month and has since then pull backed to the 20 day with lower volume. 50 day is also rising and with the candlestick we had today, it triggered my entry.

Gonna give this 3 weeks to hit my target of 114. I'm thinking it's going to want to go test 113.50 again and possibly break through it.

So if it gets to 114 before the 3rd, I'll take off 50% of my position.

Come expiration date, if this trading at 114 or higher I'll close out the entire combo. If we are below 114 come the 3rd, I'll manage the 110 call.

If this falls lower, I'm set up for max loss risking only 2%.
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