face=”Arial, Helvetica” size=”2″>Join me, fellow
TradingMarkets.com content providers, and other traders and
money managers at the Trading Markets 2000 conference at the
Venetian Hotel Resort and Casino in Las Vegas on October
For those willing to
assume a high degree of risk, Extreme Networks
on the href=”https://tradingmarkets.com.site/stocks/indicators/up/pull.cfm”>Pullbacks
From Highs List, may present an opportunity for covered
calls. You can buy the stock for 149 7/8, and you can sell
the August 160 calls for 10 1/2. This represents
approximately a 14% return (more than 200% annualized, based
on 23 days until expiration) should the stock be called
mentioned Tuesday night, held up fairly well, in spite of
Wednesday’s sell-off. Continue to look for buying
opportunities in calls and call spreads here.
face=”Arial, Helvetica”>On the short side, major oils
mentioned recently, still look vulnerable. Continue to look
for buying opportunities in puts and put spreads here.
of luck with your trading on Wednesday!
Protective stops on every trade!