Buy Alert: April 15, 2016

| April 15, 2016

Buy Alert:  April 15, 2016


Trade Details

Buy Ciena (CIEN) May 20th 18 Calls for $0.70 or better (lower)



The bullish trend in stocks is definitely strengthening at the moment.  Certain major stock indices are starting to look like they’ll test new highs.  Nevertheless, there are always a few stocks left that still have plenty of room to increase.  CIEN is an underpriced communications equipment and services company that looks primed to recover from poor earnings in the prior period.

We’re going to buy May calls.  Conservative investors can take profits at $19.  Aggressive investors can hold up to $20.  For risk control, conservative traders should exit at $16.50, while more aggressive traders can hold down to $15.


 Recent Activity



Category: OTW Buy Alerts