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PLAY to be added to APRIL RECOMMENDATIONS

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It seems that a lot of subcribers were filled on the PLAY spread, so I will be adding the PLAY spread to the APRIL recomendation list again

See spread below


PLAY $22.34

BUY PQP-DY PLAY APR $27.50 CALL DEBIT = $0.10
SELL PQP-DE PLAY APR $25.00 CALL CREDIT= $0.35
NET CREDIT = $0.25
INITIAL "NET- CREDIT TARGET= $0.25 or $25.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.25 = $250.00

MARGIN REQUIRE. (x 10 CONTRACTS $2,250.00
RETURN ON INVESTMENT= 16.28%

EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS STRIKE PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $23.67
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES as this one
MAXIMUM EXPOSURE is: $2.50 Which is the difference between the strike prices
THIS WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON
THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS AS TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED

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