While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
Time to play the weekly Calls.
BUY 100 5 DEC 165 Calls @ .14 cents.
This is one of the more beaten up names on the planet.
It's a cheap look for a short squeeze going into options expiration.
The daily momentum breakout to the upside is sustained price action over 163.40.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
