2013-09-05 Free Trade of the Day (SSRI)

Posted on September 5th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-09-05 Free Trade of the Day (SSRI)

 Free Trade of the Day

Silver Standard Resources (SSRI)

Silver Standard Resources

Notes: If (SSRI) closes higher tomorrow, consider the options trade idea below as a way to play a bounce.

Silver Standard Resources (SSRI) Options Trade Idea

Buy the (SSRI) Oct. $8/$10 Call Spread for a $0.65 debit or better

(Buying the Oct. $8 Call and selling the Oct. $10 Call, all in one trade)

Stop loss- $0.30

Upside target- $2.00

Updates: Las Vegas Sands (LVS) rose 0.26% today, printing yet another higher high and higher low. Look to add to a position on any successful pullback to $58 that holds.

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