2013-08-01-Free Trade of the Day
Free Trade of the Day
Amazon.com (AMZN) Options Trade Idea
Buy the (AMZN) Aug. $310/$315/$320 Call Butterfly for a $0.60 debit or better
(Buying 1 Aug. $310 Call, selling 2 Aug. $315 Calls, and buying 1 Aug. $320 Call, all in one trade)
Stop loss- None
Upside target- $3.00-$4.00
Updates: The United States Oil Fund (USO) rose 2.44% today, but still has about $1 of upside potential before resistance sets in. Also, Monster Beverage (MNST) shares added 2.51% in the session, following through on yesterday’s action.
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 inbox daily.
SUMMER END SALE: Join now to gain access to the all of the stock watchlist updates (various stock and options trade ideas every night), unusual options activity reports, weekend market updates, and more! Save up to 42% off of the retail price. Become a premium member (or extend your current subscription) for just $19.95. Offers end on 8/30/2013.
Check it all out here—–> https://optionsriskmanagement.com/register/
If you would like to know more about premium content or have any trading questions, email me at Mitchell@OptionsRiskManagement.com .