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
1 On 1 Options Mentoring: Learn more about 1 on 1 options mentoring courses that help can you improve your trading odds and risk management skills.
Free Trial: If you would like to know more about premium content or would like a free trial of the service, email me at Mitchell@OptionsRiskManagement.com .
Premium Subscription: Join now to gain access to the all of the stock watchlist updates (30-50 stock and option trade ideas like the one above every week), unusual options activity reports, earnings trade ideas, weekend market updates, Premium Twitter feed, and more! All for just $29.95/month or save by purchasing an annual subscription. Join me and the other ORM traders in the chat room today!