Blasting Past Expectations
A Bigger Than Expected Win
Blasting past expectations, the Alibaba call option trade placed by our Armchair Trader members on May 16 yielded a much higher gain than anticipated.
One philosophy behind our Armchair Trader membership is that there is very little need for monitoring of trades once they have been placed – “Set it and forget it.” Option trades are placed with a pre-determined sell price, which means that once the target increase has been reached, the option will be sold at the first available price.
Best of Trading,
Director of Stock Options Made Easy