Thursday, September 29, 2016 2:38:50 PM
BRCD - Combo that beatch. Sell a Jan 8 put to buy a Jan 10 call. If BRCD moves above 10 in the time frame... profit. If BRCD falls to 8 or below in the time frame, take stock on assignment. Strong support lies at 7.5 so easy to define risk. If BRCD does nothing in time frame and stays btween 8 and 10, put and call expire worthless for a wash.
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