Closed Trade-1 for 95c for 36% profit
Closed Trade-2 for the max profit of 31c for 45% profit
___________________________________________________
We see that AKAM has been in bullish territory for some time now so it has good chances the momentum will continue to the upside. After a few days of pullback it is now starting to make a move today and we added a few trades for moderate upside. If it continues the rally we may get something for strong upside too. Look for AKAM to close at the highs of the day to ride it through. We have stop losses in place in case this goes against.
Trade-1:
Buy $37 Sept Call - 1.36
Sell $38 Sept Call - 0.66
(Paid 70c)
Trade-2:
Sell $38 Sept Put - 0.5
Buy $37 Sept Put - 0.19
(Got 31c credit)
*Please do your own research before buying any stock listed here. Disclaimer.
>> Subscribe to our posts.
No comments:
Post a Comment