Options Oracle: 12/07/12


On November 29th, I sent out an alert to buy the January 2014 35 Calls because there was a bullish engulfing pattern showing up on the charts. At the time, the stock was trading $38.20 and I set a target price at the gap up around the $40 level. Now that the stock has moved higher I think it’s time to turn this long leap position into a diagonal calendar spread.

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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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