2013-06-26-Free Trade of the Day

Posted on June 26th, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-06-26-Free Trade of the Day

 Free Trade of the Day

iShares FTSE China 25 Index

Sell the (FXI) July $33/$34 bear call spread for a $0.33 credit or better

(Sell 1 July $33 call and buy 1 July $34 call, all in one trade)

Stop loss- $0.66

Upside target- $0.00

(Remember we’re putting this on for a credit, so we want the call spreads to expire worthless.)

Updates: Amazon.com (AMZN) shares rose 2.01% today, confirming the short-term bottom. Shares of Ultra Petroleum (UPL) traded up above the 50-day EMA, but finished off of the highs. If you bought when we featured (UPL) consider locking in profits.

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 (6 stock and 2 option trades in tonight’s), 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/

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