CLOSING the $WFM Options Action trade - mike

28july  - you didnt expect Options Action to revisit a losing trade did you? not good for ratings.. nevertheless, mike had a winner last week on his trade for Whole Foods so per todays show will exit at $3.50 per lot from the $1.60 entry, here is the video clip, whole foods clip .. see all of mikes on-air trades in this google docs spreadsheet

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20 july  - mike doing a bullish call spread trade on Whole Foods this week, here is the video clip Whole foods clip

Buy the Aug 87.50 / 92.50 call spread for $1.60

i like dans comments following mikes setup.. about the stock already seeming to be in downtrend.. the trade setup is ok.. the limiting your risk portion.. if i was going to make an earnings bet it would be bearish.see all of mikes on-air trade in this google docs spreadsheet

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