2013-11-06 Free Trade of the Day (LVS)

Posted on November 6th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-11-06 Free Trade of the Day (LVS)

 Free Trade of the Day

Las Vegas Sands (LVS)

Las Vegas Sands

Las Vegas Sands (LVS) Options Trade Idea

Sell the (LVS) Dec. $65/$67.50 Bull Put Spread for a $0.60 credit or better

(Selling the Dec. $67.50 Put and buying the Dec. $65 Put, all in one trade)

Buy stop loss reference- A move below $67.50 in the stock

Upside target- $0.00

Updates: Baidu (BIDU) shares fell for the fourth consecutive trading session today, dropping 2.20%. If the stock closes higher tomorrow, that will be the signal to let long (BIDU).

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