New Trade: $KO

Utilizing my watchlist I decided to take a position in Coca-Cola $KO this morning by purchasing some Sept 67.5 calls @ 1.57.  I’ve been cold lately, so I dropped my risk profile on this trade to 0.5% account equity.  Whenever I’m on a losing streak, I like to trade smaller, which, in my case, means taking on less risk.  My target for $KO is 69, will fold under 67.

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