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.
Options Oracle: 12/07/12
Posted on December 7, 2012 by AJ Monte in Options Oracles
About AJ Monte
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