TNT Social Posts
Option Traders Profit in $V
Buy with Support! When jumping into a trade, it helps to have great support area to use as a stop. In our Lighthouse Point Platinum trading service we spotted a great area in Visa ($V) that had a great trade for option traders. The stock had recently broke its 50 day moving average but closed […]
Buy with Support! When jumping into a trade, it helps to have great support area to use as a stop. In our Lighthouse Point Platinum trading service we spotted a great area in Visa ($V) that had a great trade for option traders.
The stock had recently broke its 50 day moving average but closed higher and proceed to trade higher for two days. On our entry day the stock had fallen below the 50day SMA again and found support on our horizontal support lines. The combination of the two support lines gave our subscribers confidence to jump in with some call options.
The stock bounced from our support area of about $120 to over $124.
One of our subscribers said he was able to lock in 100% profit from this trade.
Great trade John L. Congrats!
If you want ideas like this then try our the LightHouse Point Option Trading Service!
