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30july - no dancing bears or surfing goats on Options action on this trade either, this options now going for about $1.00 with 3weeks till opex and the stock near 90.75, so you are down about 60% if you are still holding...maybe those constant-trade-updates that cnbc advertises will kick in soon.
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19jun - just checked to see how this trade is doing, didnt realize earnings were so soon. good example of being correct on direction hence the $3 move today but the IV crush kills what at first glance seemed like a good win...just checked and that option for 2.50 is now worth 2.80..not exactly a big win after seeing that move this morning. might look to sell the aug 95's against them for 1.65ish to lock some of the move in if you followed.
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17jun- mike has a trade on Fed-ex on this weeks show, spends a good deal of time laying out the fundamental case for this. and of course it wouldnt be a show without the ol Carter Worth 15year chart, heres the clip video
Buy the Aug 92.50 call for $2.50
scott notes that it will take a big move for this options to be profitable at opex, i think thats some captain obvious shit, but if stock pops 2-3 bucks on some news then so will this option. im sure most will not be holding it till opex. mikes on-air trades in a google docs spreadsheet
click -->https://twitter.com/Mark_Lexus to follow on twitter
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