2014-04-21 Free Trade Of The Day Featuring Altera (ALTR)


Posted on April 21st, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2014-04-21 Free Trade Of The Day Featuring Altera (ALTR)

Free Trade Of The Day Featuring Altera (ALTR)

Altera

Notes: Altera (ALTR) is set to announce Q1 earnings on Thursday, April 24th.

Altera (ALTR) Options Trade Idea

Buy the (ALTR) May $34/$37 call spread for a $1.15 debit or better

(Buy the May $34 call and sell the May $37 call, all in one trade)

Stop loss- None

1st upside target- $2.30

2nd upside target- $2.80

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