Short WMJA @ $1.65 + Long CHLIN @ $3.20
Short 5 contracts of WMJA @ $1.65 + Long 5 contracts of CHLIN @ $3.20 Short 5 contracts of WMJA to close out the position and had a realized gain of $160, a 19% gain. Long 5 contracts of CHLIN (CHL OCT $70 call) @ $3.20. What are the reasons behind this speculation? Many years [...]
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