Saturday, October 8, 2011

Long Call (10 Oct 11): TLT

This strategy is used when you anticipate an increase in the price of the stock.
TLT  $118.24
Buy to Open (1) Jan 12 120 C @ $4.85 
Net Debit: $4.85 ($485.00)
Profit Target (50%): $7.30 ($730.00)
Stop-Loss Point (50%): $2.45 ($245.00)

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