As you will see from the video I’ve put together, Nextera has been in a well-defined upward trend for the past 3 years with little sign of the trend weakening. This, along with the fact that the stock has bounced off of a key role reversal line, tells us that it’s safe enough to take a long position in the stock. I’ve chosen the January 2016 92.50 calls as our option to buy because it’s in the money enough for us to avoid time erosion.
Options Oracle: 06/05/14
Posted on June 5, 2014 by AJ Monte in Options Oracles
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