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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