Buy Alert: February 25, 2015
Buy Alert: February 25, 2015
Trade Details
Buy Intel (INTC) April 18th 34 Calls for $1.35 or better (lower)
Why?
The semiconductor industry has been hot, and there’s no bigger chip company than INTC. Yet, INTC remains cheap from a valuation standpoint. The company should get a boost from new product announcements in the coming days. Moreover, call buyers have been extremely active in buying upside calls – almost always a good sign for a stock.
We’re going to buy April options. Conservative investors can take profits at $36. Aggressive investors can hold up to $38.50. For risk control, conservative traders should exit at $31.50, while more aggressive traders can hold down to $29.50.
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Category: OTW Buy Alerts
