2013-07-11-Free Trade of the Day
Free Trade of the Day
Notes: KB Homes (KBH) is set to announce Q3 earnings on Monday, September 16th. If (KBH) closes lower to tomorrow, consider the following trade idea.
KB Home (KBH) Trade Idea
Buy the (KBH) Aug. $20 Put for $1.50 or lower
Stop loss- $0.75
Upside target- $3.00
Updates: E-Commerce China Dangdang (DANG) shares soared 6.46% today, coming in within $0.21 of the $7.50 resistance level. If you bought shares this morning, look to lock in profits tomorrow and close it out near $7.50.
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 (which contain many trades like the one above), 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/
If you have any questions regarding a stock you would like to be covered or stock/option related questions, email me at Mitchell@OptionsRiskManagement.com .
Any account related questions/problems can be sent to the Support@OptionsRiskManagement.com account.