A recap of the last week’s trade ideas. Firstly, update on VISA (V) earnings-
A follow-up on free trade I mentioned here to play VISA earnings, the trade is up +11.6%. If Visa stays up to $88 by May’08 expiration, the returns will be the same. However, if VISA is pinned @ $85 on May [...]
Here is my initial list for intra-day opportunities. Whichever will fit the criteria, I shall be in.
SLAB, ZEUS, SPW, TRW, CMI, STRA, GRMN, BWLD, FLSR, ALXN
Thought to share my list, hopefully it shortens your lead time to find something interesting for you,
Profitable trading, OP
ALXN, BWLD, CMI, FLSR, GRMN, intraday trading, SLAB, SPW, STRA, TRW, ZEUS
For the OPN subscribers I metioned on the forum-
If VISA crosses $76, there may be a small $2-$4 move window for intra day trading.
I earlier posted my VISA gains. We closed OPN credit spread for +21% gain. When VISA moved past $76 I entered with May 80 calls purchased at average price of $1.3166. [...]
OptionPundit© (OP) is designed for novice as well as serious option traders. It is a stock & option trading blogsite that is dedicated to the following objectives: read more ⇒