Today the stop price for the Jet Blue trade (link here) has been moved into profit territory. Now the question is how large the profit will be. Some notes
- Stop prices are regularly part of trades and are generally a good idea
- With the option expiring next month, time value has been shrinking at a quickened pace. Protecting profits are important.
- A W formation looks likely which would move the price into the $24+ range.
**
This blog is used for informational purposes only. It should not be
used as a recommendation to buy or sell any security. Do your own due
diligence before trading or investing. **
Be sure to also check out our stock page, KDK Fund.
No comments:
Post a Comment