Sell Alert: October 10, 2014
Sell Alert: October 10, 2014
Trade Details
Sell DuPont (DD) November 22nd 67.50 Puts for $2.25 or better
Why?
After opening down sharply, the major indices have flattened out. It looks like we may have hit a short-term bottom heading into the weekend. Meanwhile, DD is down just a bit more than it was yesterday. This looks like a good place to sell our puts. Basically, our hedge worked out perfectly.
After just one week, we’re going to lock in gains of 136.8%.
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Category: OTW Sell Alerts
