2013-06-22-Free Trade of the Day

Posted on June 22nd, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-06-22-Free Trade of the Day

 Free Trade of the Day

Buy the (VZ) June 28 weekly $49/$50.50 call spread for a $0.70 debit or better

Stop loss- None

(The $0.70 debit is roughly the same as buying Verizon shares using a stop loss)

Upside target- $1.50

Verizon Communications

Notes: The maximum gain is the width between the spread ($50.50-$49=$1.50) minus the $0.70 debit, so you can make money up to $50.50 level. Remember that call spreads are done all in one trade. Buy 1 June 28 weekly $49 call ($0.90) and sell 1 June $50.50 call ($0.20), all in one transaction. You can also just buy the June 28 weekly $49 call or sell the June 28 weekly $51 instead of the $50.50, but these trades will require more capital.

Free offer: Sign up for a free account and have the “Free Trade of the Day’ and the “Smart Money Report” delivered straight to your email daily.

Non-premium members: Join now to gain access to the all of the stock watchlist updates (many more trades like this one), unusual options activity reports, weekend market updates, and more! This all starts at $29.95 per month.

Check it all out here—–> https://optionsriskmanagement.com/register/

Comments are closed.

Wordpress SEO Plugin by SEOPressor