Sell Alert: November 21, 2012
Sell Alert: November 21, 2012
Trade Details
Sell Starbucks (SBUX) December $50 Calls for $1.50 or better
Why?
What do you have to be thankful for this year? Well, for one, you have SBUX. Our calls have made roughly 50% in under a week. The stock price is nearing the 200-day moving average – a strong resistance level – so let’s go ahead and cash out here for nice profits.
A solid, winning trade like this right before Thanksgiving should make the turkey taste even better!
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Category: OTW Sell Alerts