Just took out a Straddle on $ECYT. I think it’s going to move so at around 8.75 I bought two calls and two puts at 9.00 expiring on 4/20. New at this so we will see. Strategy is designed to capture profits from a large move in either direction.
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Basic idea here. If it flat lines at $9.00 seems to be the only way to lose money.pic.twitter.com/uPlbskIxR9
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Actually needs to be either above 9.72 or below 8.25:pic.twitter.com/hNhIVKnSY7
11:47 AM - 29 Mar 2018
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