2013-07-29-Free Trade of the Day
Free Trade of the Day
Notes: Monsanto (MON) is set to announce Q4 earnings on Wednesday, October 2nd.
Monsanto (MON) Options Trade Idea
Sell the (MON) Aug. $97.50/$100 Put Spread for a $0.65 credit or better
(Selling the Aug. $100 Put and buying the Aug. $97.50 Put, all in one trade)
Buy stop loss reference- A move below $99.96
Upside target- $0.00
(Remember we’re net short these options, so we want these puts to expire worthless)
Updates: Walt Disney (DIS) shares fell 0.57%, but remain above the current support level.
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. We now accept PayPal.
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 .