CLOSING the $IBM OptionsAction trade - mike

20july with stock at 193ish today this trade is going to be a total loss if you still are holding..stock had a comback but not enough

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28jun - if you followed mike khouw into this one from last month and are still holding, you are near a 90%loss right now. rough month for mike so far

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25 may - mike has a simple buy call strategy on IBM on the show this week, here is the video clip IBM clip

Buy the July 205 call for $2.15

pretty simple trade here, buying a call for a bullish thesis. no alternative from me, but likely if stock moves up sell a portion of trade to get the cost back or look to sell the 210 calls to "spread it out" to lock in a gain.

google docs spreadsheet for mikes on-air trades mikes trades