Buy Alert: October 3, 2014

| October 3, 2014

Buy Alert:  October 3, 2014

 

Trade Details

Buy Du Pont (DD) November 22nd 67.5 Puts for $1.00 or better

 

Why?

With investor concern on the rise, it’s time to add at least one put position to our portfolio.  DD is a good candidate, as the company’s operating numbers haven’t been as strong as expected heading into earnings at the end of this month.  Plus, it’s one of the most expensive Dow Industrial components.

If large cap stocks get hit in a selloff, Du Pont is one of the most likely to decline.  Not to mention, the share price is well above its major moving averages.  Let’s take a downside position here.

 

 Recent Activity

Du Pont

 

Category: OTW Buy Alerts