Tuesday, May 26, 2009

Starwood Hotels signals Bull Trades

Starwood Hotels (HOT) signals a Long Trade Entry by closing above the 20 day price channel to the upside. Entry at $23.55 with an initial stop limit of $20.51 and a pyramid price at $25.07.

Medium Term Option trade: Aug 30 calls at 0.70 by 0.80
Quick Bull Call Spread: Buy June 23 call, Sell June 25 call for 1.00

Trade at your own risk with proper position sizing and risk management measures.

1 comment:

Paul Auen said...

Update:

Starwood Hotels (HOT) has moved above the pyramid price and is signaling a add-on trade.

Stock price at 26.10 (up 11%)
Current option trade: Aug 30 calls at 1.50 by 1.60 (up 100%)
Current Bull Call Spread: June 23/25 calls at 1.50 (up 50%)

New trade entry at 26.10 with a new stop of $23.02 and a pyramid price of $27.64

Quick Bull Call Spread: Buy June 26 call, Sell June 28 call for .90
Long Shot option trade: Aug 35 call at .45 by .55