Trade Plan: BUY(at market close)
Here is what happened:
(click to expand)
Commentary: Solid jump – even though the delta was small. Our profit target was 41, which it came it at just under by .05 cents. It was a win, but the bigger story was the option trade. The Calls were plentiful for the 41 strike price at .59 cents. It popped up to 1.38 the next morning.
Jump Zone Profit: 6%
Option – Call <41> Strike at .59 went to 1.38
Jump Zone Profit: 133%