2013-10-24 Free Trade of the Day (YELP)


Posted on October 24th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-10-24 Free Trade of the Day (YELP)

 Free Trade of the Day

Yelp Inc (YELP)

Yelp

Notes: Yelp (YELP) is set to announce Q3 earnings on Tuesday, October 29th.

Yelp (YELP) Options Trade Idea

Buy the (YELP) Nov. 1 weekly $70/$80 Call Spread for a $3.30 debit or better

(Buying the Nov. 1 weekly $70 Call and selling the Nov. 1 weekly $80 Call, all in one trade)

Stop loss- None

Upside target- $5.00-$10.00

Updates: General Electric (GE) shares rose 0.93% today. Shares of HCA Holdings (HCA) dropped for the fourth consecutive session, losing 2.07% today.

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