2013-09-03 Free Trade of the Day (ACI)

Posted on September 3rd, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-09-03 Free Trade of the Day (ACI)

 Free Trade of the Day

Arch Coal (ACI)

Arch Coal

Arch Coal (ACI) Options Trade Idea

Buy the (ACI) Sep. $4.50/$5 Call Spread for a $0.19 debit or better

(Buying the Sep. $4.50 Call and selling the Sep. $5 Call, all in one trade)

Stop loss- None

Upside target- $0.40-$0.50

Updates: L-3 Communications (LLL) shares rose 0.25%, finding support at the 50-day EMA. Check out Saturday’s Free Trade of the Day for an options trade idea on (LLL).

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