Friday, August 26, 2016 7:38:23 AM
FCAU
a sharp option trader accumulated a total of 30,000 March 17 2017 8 calls
at an average cost of .52 cents, copy or follow the trade, break even is
$8.52, anything above for every $1 the trader makes $3 million.
looking at the chart, once it clears R1=$6.94 FCAU could head back on up
to its yearly high or close to book value of $14.36, time will tell, the March options offer the opportunity.
trade cautiously
a sharp option trader accumulated a total of 30,000 March 17 2017 8 calls
at an average cost of .52 cents, copy or follow the trade, break even is
$8.52, anything above for every $1 the trader makes $3 million.
looking at the chart, once it clears R1=$6.94 FCAU could head back on up
to its yearly high or close to book value of $14.36, time will tell, the March options offer the opportunity.
trade cautiously
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
