OPTIONTIGER BLOG

GET INSIGHTS OF FINANCIAL MARKETS, OPTIONS TRADING AND INVESTING.

IBM Bull Call Trade

IBM BULL CALL TRADE

 

IBM releases earnings on July 7 (that is the only caveat in this trade). But given the amount of time left on this trade, its still a good trade.

 

IBM is bouncing off the lower Bollinger Bands with lots of volume this past Friday.

 

Throw in a previous support point (watch the video below), the trade makes sense.

 

We go out to September to mitigate any effects from the earnings report as well as minimize time decay.

 

Bull Call – 200/210

Debit $2.5 (at market open today)

Reward – 7.5

Contracts – 30

Hold time 3 to 6 weeks.

 

 


Share this Article



Leave a Reply

Your email address will not be published. Required fields are marked *

Get access to Free Courses, E-Books, Market Updates and 500+ Video Library.

Join Free Now!




Futures and Options carry risk and may not be suitable for everyone. OptionTiger is an educational site, and is not a financial adviser or broker. If you need professional investment advice, please consult a registered investment adviser. All stocks, ETFs, commodities, Indices and other securities mentioned in our courses are for educational and illustrative purposes only, including all mention of Returns, Margin Calculations, and different Margin types. By visiting our site and accessing material, you are implicitly agreeing to these terms.
Copyright © 2012 to 2018 - All Rights Reserved by OptionTiger.com