$500 CHALLENGE Trade on FCX
SOLD -1 FCX 100 (Weeklys) 26 APR 24 48 CALL @.93 LMT Credit [TO CLOSE] This trade has filled. This is a $500 CHALLENGE Trade. FCX has followed through with one of it's two Bullish Divergent Bar so I am locking in the quick 75% return on risk, given that we are starting to run into intraday resistance levels. If you think FCX will follow through with the original Bullish Divergent Bar up to 49.41 or higher by the end of the day and want to hold for the bigger win you can. If you think FCX will continue higher into expiration and want to hold for a bigger win you can. Do what you think is best for your account. Keep in mind your capital risk and only risk 100% what you are willing to lose.
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Director of Risk Tolerance @simplertrading. I teach traders about Risk trading options, stocks focusing on small account
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