Long Butterfly call for GEGe normally finds a range to trade on for a few months. with the new change in price, the range changes aswell. iIm looking for price tos stay below 14.25 and above 9 dollars. price staying between 10.50 and 12 would be optimal. this position if executed correctly could bring a decent boost to portfolio.
side note keep the butterfly call strategy close its great for steady rangebound stocks and is short strategy.