Went long here for a short term bounce through April 14th $250 calls. Oversold on all technicals. Looking for a bounce to $300
Comment:
Added more calls on the drop to $206.00. Will continue to add
Comment:
I have attempted to add all the way down to $170. TD Ameritrade will not allow any more purchases on this stock as it's on a restricted list. Clearly they are in error. Today the stock is pushing near $300. My target is $320-$350 . This would be HUGE had I been able to continue adding all the way down. Oh well, still turning out to be a great trade and call.
Trade closed manually:
It seems like it took forever to reach my target. Made 103% profit. Sold this morning at $322. I believe $365 is next resistance but been in this trade for 31 days, about 27 days longer than anticipated.