Showing posts with label Option trade. Show all posts
Showing posts with label Option trade. Show all posts

Tuesday, May 26, 2009

Avon Products Signals Long Entry

Avon Products (AVP) signals a Long Trade Entry by closing above the 20 day price channel to the upside. Entry at $25.80 with an initial stop limit of $23.84 and a pyramid price at $26.78.

Short Term Option trade: July 27 calls at 0.95 by 1.05
Bull Call Spread trade: Buy July 26 call, Sell July 28 call for 0.90

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