Call Options on AABA on 9/12/2017

Altaba Inc. (AABA) operates as a non-diversified, closed-end management investment company in the United States.

Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc. and changed its name to Altaba Inc. in June 2017. This stock follows performance of Alibaba but at a discount!

Higher share prices are expected for this stock as shares attempt to break out of this formation.

We will be trading Ocotber 20th.

52-Weeks Trading Range: $38.24 - $66.20

Entry Point: $65.40

Trade Buy 1 October $65.00 Call at $2.00 For a net debit of $2.00 Profit/Loss Analysis Breakeven at $67.00 Maximum profit is unbounded Maximum loss is ($200.00) at strike of $65.00 Closing Summary Sold 1 October $65.00 Call at $2.70

Position closed on 10/2/2017 at price of $2.70 with a 35.00% gain in 20 days.

Updates

10/2/2017 10:53:32 AM

AABA $65 Call options closed at $2.70

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