So I initially set a 5 / 30 EMA crossover (up) signal alert for $TREE (Lending Tree) as it is one of the cyclical stocks where market has been rotating into.
It got triggered last night (or morning in Eastern time) and I immediately went in and bought a couple of LEAP based option calls for it. At this point in the day, $TREE was just about 290 only.
Little did I realize much later in mid-day that my profit on my option call ballooned to $3000 when $TREE jumped to $317.
LOL.
It got triggered last night (or morning in Eastern time) and I immediately went in and bought a couple of LEAP based option calls for it. At this point in the day, $TREE was just about 290 only.
Little did I realize much later in mid-day that my profit on my option call ballooned to $3000 when $TREE jumped to $317.
LOL.