As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.
RISK Alert - (PANW) - update
Buy the Palo Alto Networks (PANW) May, 2015 $125-$135 deep in-the-money vertical call spread at $8.60 or best
Update
4-21-2015
expiration date: May 15, 2015
Portfolio weighting: 10%,
Number of Contracts = 12
Partially in response to my interview with General Cartwright this morning, the shares of the entire cyber security sector are rocketing. The shares of my Trade Alert to buy Palo Alto Networks (PANW) are up nearly 10% in ten trading days. The (HACK) ETF is also through the roof.
As a result, the middle market price for the Palo Alto Networks (PANW) May, 2015 $125-$135 deep in-the-money vertical call spread has jumped some 11.5%, from $8.65 to $9.75. We have now reaped 74% of the potential profit on this position.
However, these prices are unreliable at best, with the options showing wide $2 spreads. I also think we have much farther to run. Every time there is a hack attack somewhere in the world, the sector will pop.
So I am going to keep my position here. However, if you don?t want to hang around for 18 more trading days until the May 15 expiration, try putting in a limit order to sell around the $9.65 price. Eventually, you will get done, if not today, then later in the week.
Don?t execute the legs individually or you will end up losing much of your profit. Spread pricing can be very volatile on expiration months farther out.
