Baidu has been a great trading stock and it looks like we’ll have another opportunity to take profits out of this long call position. Our goal is to buy the LEAP, wait for the stock to move higher and then sell front month calls against the long leap to collect a premium and lower the cost basis of the long leap position.
Options Oracle: 08/24/2012
Posted on August 24, 2012 by AJ Monte in Options Oracles

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+Leave a Reply
Feedback
Christopher Larkin, VP, U.S. Retail Brokerage, E*TRADE SecuritiesE*TRADE is a strong advocate of investor education, understanding a knowledgeable investor is a successful investor. The Market Guys have been a key contributor to our worldwide educational efforts, delivering hundreds of seminars to our customers around the world.
Astronaut Dr. Buzz Aldrin, Apollo 11, 1969The Stock market is full of risk and uncertainty, but can bring great rewards to those who plan and execute properly. AJ gives you the navigational tools to profit in the market. Easy to understand, The Market Guys will help the novice and the expert alike reach their financial goals. I recommend The Market Guys to help you along your journey!
Nick Nickolas, Restaurateur, Nick’s Fishmarket of HawaiiThe Market Guys have created the perfect recipe for financial success.