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7sep - on the show tonight , they revisit a one week old trade on Boeing, complete with the usual photoshopped pictures, happy music and big smiles.. heres the clip updated clip . mike sticking with the trade which is expected. my suggested alternative of making it a sep/nov 75 calender would be working also.
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31aug - mike khouw and carter worth with a trade on Boeing on show today, heres the clip Boeing clip ... this sure does seem familiar..its deja vu all over again.. i remember now.. he had a near identical trade on a fast money hit in may, heres that first trade and clip first Boeing trade. that option expired at max loss BTW.
Buy Nov 75 call for $1.25
i dont see it on the chart as to why to buy BA here..maybe if it breaks the 50/200 day moving average...if anything it looks like a good candidate for iron condors...been range bound since Jan. , anyway..as usual my alternatives to just buying a call months out are to make it a calender spread or a series of calender spreads.. the Sep 75 is still going for 20cents, the Oct 75 is going for about 70cents... that way you reduce that premium outlay...like shown in the graphics..at opex the stock needs to be at 76.25 to breakeven and as you can see in the chart there is significant 9month resistence at 75..another reason i would not do this trade. need almost a 10% move to be profitable at opex and have to break serious resistence to do it. no thanks. see all of mikes on-air trades in this google docs spreadsheet
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