Long SP500 Calls at 2115. and 2099.5
Renko still says up so I am going with weekly Nadex calls at 2099.5 strike at a Premium of $25 and a 2111.5 strike at a Premium of $14.25. After a morning dip the 5 brick chart is on the upswing. It is only Monday with a Friday expiration so there is plenty of time for some good news to spook the market and jog it up. I wait for expiration only if the market strongly indicdates that it is going to close above my strike. Otherwise I take a reasonable profit or cut my loss.
Last week all positions closed in the money for a $100 payout per position.
Last week all positions closed in the money for a $100 payout per position.
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