No mate that's completely wrong I've explained in detail the profit from the call far outweighs the loss on the APT short.
If you look at my earlier post I said I expected SQ to test $260 and then see $290.
It reached a low of $261 last night but I still kept the call in place.
I posted I added to my APT short at $131 as I was hedged further with two call contracts (200 shares)
I will close the APT short position today
Sq going to $290 can only be good for Zip but I would set trailing stop losses as I expect significant falls in SQ from there
Daily Price Movement / General Discussion, page-21971
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$1.70 |
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| No. | Vol. | Price($) |
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