Wells Fargo & Company
Long
Updated

Buying WFC 19 MAR 21 42 CALL

310
I'd like to see price hold this current support level on the 4H.

If price moves and closes lower than $35.80, then I will be closing these contracts for a loss.

Why did I choose $42 as a profit target? Because if you zoom out on the 4H chart, you will see a price level that was created between 28 FEB and 5 MAR 2020. I believe price could reach the peak of that price level by expiration.
Trade closed manually
snapshot

I just sold out of these calls for a small gain. This one came close to the expiration. I was getting worried lol

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