UFS


2015-02-14 Weekend Market Update (Looking At Near-Term Upside Potential In The S&P 500)

Posted on February 14th, by Mitchell Warren in Free Articles, Options Risk Management, Weekend Market Updates. Comments Off on 2015-02-14 Weekend Market Update (Looking At Near-Term Upside Potential In The S&P 500)

Weekend Market Update
Looking At Near-Term Upside Potential In The S&P 500

SPDR S&P 500 ETF Trust (SPY) Options Trade Ideas

Buy the (SPY) Mar 20 $210 call for $3.15 or better

Stop loss- $1.45

1st upside target- $6.00

2nd upside target- $8.00

And/Or

Sell the (SPY) Mar 20 $204/$205 bull put spread for a $0.20 credit or better

(Sell the Mar 20 $205 put and buy the Mar 20 $204 put, all in one trade)

Stop loss reference- A move below $205 in the ETF

Upside target- $0.05 or less

Maximum gain potential- 25%

Notes: I’m long (BGCP) shares for $9.14 each and Aug $7.50 calls for $1.80 each.

Domtar Holdings (UFS) Options Trade Idea

Buy the (UFS) Apr $45/$50 … Read More »



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