2013-08-19-Free Trade of the Day (GRPN)

Posted on August 19th, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-08-19-Free Trade of the Day (GRPN)

Free Trade of the Day

Groupon (GRPN)


Notes: Consider the trade idea below, if the stock is able to hold at either of the support levels highlighed in the chart above.

Groupon (GRPN) Options Trade Idea

Buy the (GRPN) Sep. $10/$11 Call Spread for a $0.22 debit or better

(Buying the Sep. $10 Call and selling the Sep. $11 Call, all in one trade)

Stop loss- None

Upside target- $1.00

Updates: Krispy Kreme Doughnuts (KKD) shares lost most of the intra-day gains, but was still able to finish in positive territory. This is a name you want to remain long.

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