Trade Alert: Top Names Drop
Taking advantage of the ~9% drop in one of last night's top ten names.
A Short-Term Trade Idea That’s Worked Before
One trade idea that’s worked before is buying short-dated calls on one of Portfolio Armor’s top ten names on a day when it has dropped significantly on no news. We’ve got an example of that today. The same stock we placed longer-dated trades on earlier this week…
And which was also one of our top ten names last night…
Is now down about 9% on no news (as far as I can see) today. So I placed a short term trade on it just now.
Details below.
Today’s Short-Term Top Names Trade
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