Sunday, November 22, 2015

VLRS - 100 Dec 15 175 Call

Why this trade? The charts are show an obvious support at 14.13 with resistance at 18.30. This is only a temporary pull back. Since it's in a long term up trend, there shouldn't be any challenge to reach back 17.50. 



Opened the trade by buying 2 lots of 100 Dec 15 175 Call


Currently queuing to sell at USD1.75 limit.

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