2013-07-02-Free Trade of the Day

Posted on July 2nd, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-07-02-Free Trade of the Day

Free Trade of the Day

iShares Silver Trust

Buy the (SLV) July 26 weekly $17.50/$18.50 Put Spread for a $0.30 debit or better

(Buy 1 July 26 weekly $18.50 Put and sell 1 July 26 weekly Put, all in one trade)

Stop loss- None

Upside target- $0.75-$1.00

Notes: Consider looking in profits on a drop down to the 52-week low.

Updates: The iShares FTSE China 25  Index Fund (FXI) dropped 1.42% today, following a filling of the gap that is now resolving to the downside. While shares of Microsoft (MSFT) lost another 1.22%, as it nears the 50-day EMA.

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