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UPS – Echo Trade Update

UPS price has approached the 170 level.  I will be monitoring closely for an exit.  I have fined tuned the target and I think we could get the 171 level, but we are definitely getting close to an exit.  

The May 21 $170 calls that were bought for $4.80 are currently around $6.65 or about 39% gain. 

As a test, I had also bought some April monthly $170 calls and are showing a profit near 100%.  As you get more comfortable you may find that other strikes or expirations work better for your particular situation. 

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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Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.