Sell Alert: November 15, 2013

| November 15, 2013

Sell Alert:  November 15, 2013

 

Trade Details

Sell Symantec (SYMC) December $22 Calls for $1.60 or better

 

Why?

SYMC is approaching the strong resistance of the 200-day moving average, so now’s the time to sell.  And, why not?  We’re up 128.6% on the trade!  And, we’ve achieved these returns in just over two weeks.  This is how the strategy is supposed to work – solid gains in a relatively short amount of time.

Let’s take our profits on SYMC now.

 

Recent Activity

Symantec

 

Category: OTW Sell Alerts