2013-09-12 Free Trade of the Day (ACI)
Free Trade of the Day
Arch Coal (ACI)
Notes: If Arch Coal (ACI) closes higher tomorrow, consider the options trade idea below.
Arch Coal (ACI) Options Trade Idea
Buy the (ACI) Oct. $5/$5.50 Call Spread for a $0.18 debit or better
(Buying the Oct. $5 Call and selling the Oct. $5.50 Call, all in one trade)
Stop loss- None
Upside target- $0.50
Updates: Caterpillar (CAT) shares dropped 0.33% today, possibly putting in another lower high. Here’s an options trade idea to consider http://optionsriskmanagement.com/2013-09-10-free-trade-day-of-the-day-cat/
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