Options Oracle: 06/05/14

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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.


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AJ Monte

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