Why the May 2017 Square Inc
(NYSE:SQ) Call Trade Was a Success
On Tuesday, May 2, 2017, Stock Options Made Easy recommended that their “Cut-To-The-Chase Trader” members buy the SQ May 19 2017 CALL at approximately $0.80.
Some members were able to enter this trade at an even lower price than this, and within two days, the price spiked to $1.50. For a member who entered the trade at $0.80 and then exited at $1.50, this represented a profit of 87.5% - a fast and substantial profit which is what Cut-to-the-Chase trading is all about.
The rationale behind this recommendation was presented to members as follows on May 2:
Best of Trading,
Director of Stock Options Made Easy