2013-08-05-Free Trade of the Day (DRI)

Posted on August 5th, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-08-05-Free Trade of the Day (DRI)

Free Trade of the Day (DRI)

Darden Restaurants

Notes: Darden Restaurants  (DRI) is set to announce Q1 earnings on Monday, September 16th.

Darden Restaurants (DRI) Options Trade Idea

Buy the (DRI) Sep. $48/$50 Put Spread for a $0.80 debit or better

(Buying the Sep. $50 Put and selling the Sep. $48 Put, all in one trade)

Stop loss- $0.35

Upside target- $1.80-$2.00

Updates: World Wrestling Entertainment (WWE) shares rose 0.58%, confirming the support at the 50-day EMA.

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