The entry has signalled after a re-test of support. I had called an early entry last week and now a more confirmed entry has appeared.
Buy to Open UPS May 21, 2021 $170 Strike Calls
$4.80 (plus or minus $0.50)
Updated based on information below
If this is your first echo trade I strongly suggest watching the masterclass for proper trade sizing in your account BEFORE taking the trade.
A sustained move into or below support is a signal that it may be time to cut this trade. If we can clear resistance at the 164.50-165.50 area, then we should see a move up to the $170 area. I set alerts on the price of UPS stock and use that to tell me when to exit. Updates will be posted in the text group.
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