2013-08-28 Free Trade of the Day (KORS)
Free Trade of the Day
Michael Kors (KORS)
Michael Kors (KORS) Options Trade Idea
Buy the (KORS) Sep. $72.50/$75/$77.50 Call Butterfly for a $0.50 debit or better
(Buy 1 Sep. $72.50 Call, sell 2 Sep. $75 Calls, and sell 1 Sep. $77.50 Call, all in one trade)
Stop loss- None
Upside target- $1.50-$2.00
Updates: Facebook (FB) shares rose 2.29% today, confirming the new current support level at $39.
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