Sell Alert: May 30, 2013

| May 30, 2013

Sell Alert:  May 30, 2013


Trade Details

Sell Aruba Networks (ARUN) July $13 Calls for $2.40 or better



Our thesis for buying ARUN calls was very straightforward.  The stock dropped due to increased competition from Cisco Systems (CSCO) but quickly became oversold.  As such, it was an excellent rebound candidate.

Roughly two weeks later, that’s exactly what happened.

Bargain hunters are returning to ARUN in droves, and the stock has now eclipsed the $15 mark.  More importantly, our calls are now 135% winners.  Let’s lock in those nice profits now.


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Category: OTW Sell Alerts