May 20, 2013

Bias: Bullish
Price Target: $127-$130

We are bullish on CVX and want to buy some calls to take advantage of the possible move higher.
We will exit this trade when we get over 50% profit or our target is met.

BUY To OPEN 2 CVX Jun-22 125 Calls trading for $1.77

CVX is now trading at $124.51
These calls are trading at $1.77
The Total debit for the trade is $3.54


Do not pay over $1.90 per call.


Day Order Only

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