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face=”Arial, Helvetica”>Lehman Brothers
PowerRating), 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 112 3/4, and you can sell
the October 115 calls for 9 5/8. This represents
approximately a 10% return (more than 40% annualized, based
on 80 days until expiration) should the stock be called
ahead, the drugs
PowerRating) have had a few
flight-to-defense false rallies. Therefore, we will see if
Tuesday’s rally can stick before getting too bullish here.
PowerRating) may be setting up for a move lower.
of luck with your trading on Wednesday!
Protective stops on every trade!