Terra Incognita
05-01

I opened $RCL VERTICAL 240531 CALL 145.0/CALL 150.0$  ,RCL: sold bear calls on Royal Caribbean Cruises with strike at $140/$145. Premium collection is $170 over max risk of $500 per contract which will give me 34% ROI. RCL now trades at about 5% higher than its Jan 2020 peak and around its all time high after good earning beats on 25th April. It is current on oversold region so might experience short term pull back on profit taking and trades around its most recent peak on 4th Apr around $141.5. Sold these calls at $145 for safety and bought back at $150 as risk control so let’s see how this trade goes in 31 days.
Trading Order
SymbolSidePriceFilled time
RCL Vertical
US145.0/150.0
Credit
Open
-1.72024-05-0101:44:00
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  • jethro
    ·05-01
    TOP

    Thanks for sharing 😁 

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  • Lynnl
    ·05-01
    👍
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  • yewkee
    ·05-01
    sure
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