Tuesday, September 29, 2009

OC, LVS

Two interesting uptrend stock for this post. The strategy is buy on support

OC looks like has tested MA 50 support as per below chart


We can buy call option for Nov 09 22.5 C
Pls check the implied volatility.


LVS also seems has tested its support.



We can buy call option Nov 09 18 C
Its implied volatility is also high, if it does not fit with your risk profile, dont buy it.

Remember, dont use more than 5% of your capital for one position, plan your trade by calculate the exit point (cut loss or take profit) before enter position.

Best regards

Snip

No comments:

Post a Comment