Option Trade Of The Day
Source: http://feedproxy.google.com/~r/StocksOptionsBlog/~3/GaDPvdrKRSg/Posted on Friday, March 6th, 2009 | In Stocks to Watch
Contributed by: Daniel Shepard (http://www.navivest.com/blog) -
Friday March 6, 2009
Navivest
From The Options Capitalist Trading Advisory Service –
THE STOCK:
BHP Billiton. (NYSE: BHP) $37.09
THE TRADE:
Buy the BHP March ‘09 37.50 puts.
Option Symbol: BHP OU
Current Options Price: $2.50 – $2.60.
TRADE RATIONAL:
The market is not holding to gains and BHP Billiton is a stock that will move drastically to the downside once we get reminded again in the next couple days, that the economy is in shambles. We are looking for a move to back down to $34 in very short order.
Buy here to $3
For trade updates and a two week trial to The Options Capitalist, click here.
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Last 5 posts by Daniel Shepard
- Trade Recommendation For 10/15/09 - October 14th, 2009
- The Technical Trader – Coca-Cola FEMSA - October 14th, 2009
- Cisco To Acquire Starent - October 13th, 2009
- Stock Market Report – 10/13/09 - October 13th, 2009
- Stock Market Report – 10/13/09 - October 13th, 2009
 About Daniel Shepard (http://www.navivest.com/blog)
Daniel Shepard is an Equity Analyst with Navivest, a stocks and options trading advisory services company that provides trading ideas on a subscription basis. |
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