TU is in a funny situation. I believe it has the potential to move to 17-17.5 area. However if it does rise up, im good with taking profit at around 16-17. Not trying to be greedy here.
Im hopping on options and have my premium be my max risk, as I could see the price potentially hitting the stops at lower levels before moving higher. However if it decides to move up from here, I want to be a part of that move. If you are planning on getting on TU, make sure you either have a wider stop, and you give yourself enough time for it to work itself out.
Good luck.
Im hopping on options and have my premium be my max risk, as I could see the price potentially hitting the stops at lower levels before moving higher. However if it decides to move up from here, I want to be a part of that move. If you are planning on getting on TU, make sure you either have a wider stop, and you give yourself enough time for it to work itself out.
Good luck.