Buy "TLT 5Jan18 126 C" to open hold for movement of $2 in the Price Action. Exit between $1.5 and $2. This is an OTM call so this will either be a Hero or a Zero trade. Meaning expire worthless. Open Interest in this strike increased 775 contracts. I will be out either by midday Friday or if target gets hit.
The limit price is dependent on the price action leading into the open.
GL!!
This trade failed. Will let it expire worthless.
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