FirstEnergy Corp.
Long
Updated

FE way oversold

72
Energy stock dividend payer oversold, 16 PE. Purchased 300 July 15th $38 calls
Note
Added 100 more calls on this mornings drop
Note
Added 200 more calls this morning. 70 cent average on 600 calls total
Trade closed: target reached
Decay caused call options to devalue closed trade on spike this morning $21,000 profit took longer than anticipated to bounce

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