Stock is at S2 support. Open interest high on call side 12/20 expiration. In the past price have held S2 support. Looking to open debit spread Long $40 strike and short $50, cost is $55 as of Friday. Profit potential $945. Looking to close for $100 profit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.