10:40am (EST)
We have a Profit Alert this morning so let’s go check the tape.
Profit Alert!
Petróleo Brasileiro (PBR, $12.31, up $0.07)
PBR July 12 calls (PBR230721C00012000, $0.60, up $0.15)
Entry Price: $0.35 (5/26/2023)
Exit Target: $0.70
Return: 71%
Stop Target: 40 cents (Stop Limit)
Action: Close half the trade at current levels. Set a Stop Limit at 40 cents on the remaining half.