2013-09-11 Free Trade of the Day (CRUS)
Free Trade of the Day
Cirrus Logic (CRUS)
Notes: Consider the trade idea below, if shares of Cirrus Logic (CRUS) close higher tomorrow.
Cirrus Logic (CRUS) Options Trade Idea
Buy the (CRUS) Oct. $22/$25 Call Spread for a $1.10 debit or better
(Buy the Oct. $22 Call and sell the Oct. $25 Call, all in one trade)
Stop loss- None
Upside target- $2.50-$3.00
Updates: Caterpillar (CAT) shares rose 0.60% today, so yesterday’s Free Trade of the Day is still in wait and see mode.
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