3:35pm (EST)
We have a Profit Alert on another winning trade that has topped 200% so let’s go check the action.
Profit Alert!
Ford Motor (F, $14.19, down $0.23)
F July 13 calls (F230721C00013000, $1.30, down $0.30)
Entry Price: $0.45 (6/6/2023)
Exit Target: $2 (Limit Order) (closed half at $1.34 on 6/13)
Return: 204%
Stop Target: $1.40 (Stop Limit)
Action: The Stop Limit at $1.40 has tripped today on the stock’s fade intraday fade to $13.98. The average closing price was $1.37. We will keep shares on our Watch List for a possible reentry point.