2013-08-06-Free Trade of the Day (DG)

Posted on August 6th, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-08-06-Free Trade of the Day (DG)

 Free Trade of the Day

Dollar General

Notes: Dollar General (DG) is set to announce Q2 earnings on Monday, September 2nd.

Dollar General (DG) Options Trade Idea

Buy the (DG) Sep. $55/$60 Call Spread for a $1.60 debit or better

(Buying the Sep. $55 Call and selling the Sep. $60 Call, all in one trade)

Stop loss- None

Upside target- $3.00-$5.00

Updates: Darden Restaurants (DRI) fell 0.75% today, confirming the lower high that has been put in over the last week.

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