Look to buy Mastercard @ 800 if it stays above & doesn't drop below anymore, for 30 minutes expiration
Risks: 800 is too high so it might stay closely around 800 or might even drop if it fails to stay above 800
The stock market is weak & might also affect Mastercard's stock
Look to sell Mastercard @ 800 if it stays below & drops further, for 30 minutes expiration
Risks: News will attract more people to buy Mastercard & it might try to break above 800 again
Results:
Buy Mastercard @ 800- invalid as it did not stay above
Sell Mastercard @ 800- 2 wins
Mastercard failed to stay above 800 & dropped to expire @ 796.258 at 10:30am EST & 797.33 at 11am EST
It also dropped further to close @ 790.57
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