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| Look for a bullish market where you anticipate a modest increase in the price of the stock above the price of the short Call option. |
SSO $46.26
Buy to Open (1) Jan 12 43 C @ $5.05Sell to Open (1) Jan 12 48 C @ $2.00
Net Debit: $3.05 ($305.00)
Breakeven: $46.05
Max. Profit: $195.00
Pct Return: 63.9% (40 days)
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