SPY – Trade update –
SPY really took off to the upside today. I think we have found some resistance in this area, so I am suggesting a close for around $7 on those Apr-09 $400 calls that we bought for $1.53 and $0.76 I will be looking for the next trade to setup.
You are welcome to make your own choices on closing the trade.
If this is your first echo trade I strongly suggest watching the masterclass for proper trade sizing in your account BEFORE taking the trade.
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