2013-08-20-Free Trade of the Day (BBRY)

Posted on August 20th, by Mitchell Warren in Free Articles, Trade Ideas. Comments Off on 2013-08-20-Free Trade of the Day (BBRY)

 Free Trade of the Day
BlackBerry (BBRY)

Notes: BlackBerry (BBRY) is set to announce Q2 earnings on Friday, September 27th.

BlackBerry (BBRY) Options Trade Idea

Buy the (BBRY) Sep. 13 Weekly $10.50/$12 Call Spread for a $0.44 debit or better

(Buying the Sep. 13 Weekly $10.50 Call and selling the Sep. $13 Weekly $12 Call, all in one trade)

Stop loss- None

Upside target- $1.25-$1.50

Updates: Groupon (GRPN) shares shed 0.11% today, so last night’s trade idea is still in wait and see mode.

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