- Number of messages : 636
Points : 4682
Date of Entry : 2013-01-29
Year : 51
Residence Country : Beograd
Mon Feb 06, 2017 3:12 pm
Morgan Stanley (MS), 44.43
[You must be registered and logged in to see this image.]
Trade: We recommend selling 10 Mar $41 puts (38 DTE) at $.44/share or better since the hourly is extended.
Strategy: After a robust breakout in the stock and sector last November, MS has been consolidating bullishly for weeks and appears poised for another breakout after its “rest” and recent failed attempted break downs.
Max Gain: Credit received of $440.
Max Loss: Cost basis will be $40.56/share if assigned.
Stop Loss: $41.28.
Permissions in this forum:You cannot reply to topics in this forum