2013-08-13-Free Trade of the Day (MS)

Posted on August 13th, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-08-13-Free Trade of the Day (MS)

 Free Trade of the Day

Morgan Stanley (MS)

Morgan Stanley

Morgan Stanley (MS) Options Trade Idea

Buy the (MS) Sep. $27/$29 Call Spread for a $0.69 debit or better

(Buying the Sep. $27 Call and selling the Sep. $29 Call, all in one trade)

Stop loss- None

Upside target- $1.50-$2.00

Updates: US Airways Group (LCC) shares plummeted 13.07% today, following an unexpected DOJ challenge of their merger with AMR. Shares of Lumber Liquidators (LL) tacked on another 1.23%, closing higher for the fourth consecutive session.

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