Thursday, September 26, 2013

Ford November $20.00 Call Purchase

A Ford November $20.00 call option was purchased for $0.05 before commissions and fees. The target for the options is $.50. The stock is currently trading at $17.25. Reason(s) for the trade are below:

- stock has been consolidating in the last month

- September monthly sales are expected to be positive

- price of option (risk) was acceptable to target price (reward)

**Disclaimer - This blog is just reporting information and should not be considered as a recommendation to buy or sell any financial instrument. Do your due diligence before investing or trading. **  

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