Options Oracle: 03/30/13

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When we first bought the Jan 14 35 Calls, my thoughts were that the stock would rally to fill the gap. Although the stock has moved up since we bought the calls, the red candle is telling me that we could see a slight pullback before the stock continues upward to fill the gap. Selling the May 44 calls allows us to collect a respectable premium without having to worry about the stock moving higher.


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AJ Monte

About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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