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Option Traders Dig Profits in $CAT
Option swing traders from our Lighthouse Point Platinum Option Service grabbed some calls as the stock broke the 50 day SMA on Feb 22nd. In our follow up trade recap… Craig said he was able to get 80% profit from this one day trade! The stock had been a little weak trading below the 50 […]
Option swing traders from our Lighthouse Point Platinum Option Service grabbed some calls as the stock broke the 50 day SMA on Feb 22nd.
In our follow up trade recap… Craig said he was able to get 80% profit from this one day trade!
The stock had been a little weak trading below the 50 day SMA with two days of attempts to break the 50 but failure to close higher. On Feb 22nd, the stock made a new high and broke the 50 day SMA. The next day, bulls followed through and it was pure profit for call buyers as it closed on the highs of the day along with the market.
Congrats Craig and thanks for sharing!
