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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. |
QQQ $57.81
Buy to Open (1) Feb 12 55 C @ $3.50Sell to Open (1) Feb 12 60 C @ $0.49
Net Debit: $3.01 ($301.00)
Breakeven: $58.01
Max. Profit: $199.00
Pct Return: 66.1% (40 days)
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