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Trade: We recommend selling 10 Mar $225 calls (36 DTE) around these closing prices of $6.88 x 6.98/share (extended hourly so should get price improvement).
Strategy: Breakout on daily and weekly charts after false breakdown and uptrend on the monthly chart. Will look to sell calls against it to reduce basis after rally.
Max Gain: Unlimited
Max Loss: Cost basis.
Stop Loss: $227.98.