PM Earnings play
2.31 cost of spread 77.5/85
Earnings play as vaping is moving into a recession due to fears and cigarette sales may be higher.
It also bounced after Altria deal fell through.
Max gain will be 25% of the spread which is a sale price of $3.60
Max gain is $130.
Max loss is $130
Earnings play as vaping is moving into a recession due to fears and cigarette sales may be higher.
It also bounced after Altria deal fell through.
Max gain will be 25% of the spread which is a sale price of $3.60
Max gain is $130.
Max loss is $130
Order cancelled
Cancelled as I thought it was too risky
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.