2014-06-26 Free Trade Of The Day Featuring Melco Crown Entertainment (MPEL)
Free Trade Of The Day Featuring Melco Crown Entertainment (MPEL)
Notes: Melco Crown Entertainment (MPEL) is set to announce Q2 earnings in early August.
Melco Crown Entertainment (MPEL) Options Trade Idea
Buy the (MPEL) Aug. $35/$40 call spread for a $1.80 debit or better
(Buy the Aug. $35 call and sell the Aug. $40 call, all in one trade)
Stop loss- None
1st upside target- $3.60
2nd upside target- $4.80
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