TradeOptions
2022-01-12

$SQ 20230120 200.0 CALL$what will you do in this situation?

1) take profit 40%

2) set up calendar spread and sell 18Mar2022 200Call @$1.60 to reduce initial cost, and wait for the stock price to climb higher

3) set up risk free spread and sell the same month 20Jan2023 210Call @$10. This will guarantee worst-case of $1.30 profit with the potential to profit $10 for waiting 1 year out.

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