Options Oracle: 02/24/2012

In this week’s Options Oracle, we take a look at Chipotle Mexican Grill (CMG). The stock has been staying in a well-defined upward trend that looks as though it will hold. Both of the options we are trading are in-the money, which means if the stock stays over the 375 strike price we will have bought a $5 trade for $4. This strategy is known as a vertical debit call spread, which is bullish.

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AJ Monte

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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