Buy Alert: February 17, 2015

| February 17, 2015

Buy Alert:  February 17, 2015


Trade Details

Buy (OSTK) March 21st 22.50 Calls for $1.45 or better (lower)



OSTK is an online retailer, similar to (AMZN), but much smaller (although, the company does generate about $1.5 billion in revenue per year). Like AMZN, the company recently posted positive earnings. OSTK also has a large amount of cash on hand. The stock has been trading sideways for most of the year and I believe it’s due for an upside breakout.

We’re going to buy March options. Conservative investors can take profits at $24.50. Aggressive investors can hold up to $26.50. For risk control, conservative traders should exit at $20, while more aggressive traders can hold down to $18.


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