2013-11-09 Free Trade of the Day (TSO)
Free Trade of the Day
Notes: On November 6th, Tesoro (TSO) announced that they were increasing the existing $500M share repurchase program to $1B.
Tesoro (TSO) Options Trade Idea
Buy the (TSO) Jan. 2014 $50 Call for $3.45 or better
Stop loss- $1.95
Upside target- $5.00-$7.00
Updates: Shares of Starbucks (SBUX) and Baidu (BIDU) both put in tradable short-term bottoms on Friday, rising 2.69% and 2.54%, respectively.
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