April closed above March's high. Price has also returned to March's high. Because of these two factors I'm looking to purchase call options at 116.00 set to expire June 5.
I'll be risking 1% per trade. 3% total on this instrument.
Trade active
I made entry last Friday (May 1) just before market close.
I risked 1% on this trade.
Trade closed: target reached
I closed my ROKU contracts at 116 strike.
I purchased the call contracts at a 12.35 premium and sold at a 26.50 premium.
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