Add to GMCR
Lower Cost Basis
PLAY: Buy more GMCR November 75 Calls (QGM KO) at market, good for the day. Lower your protective stop limit to $2.30 and maintain your sniper sell at $6.60.
Dear Bottarelli Research Member,
Similar to our latest “add-on” play on the AMZN November 100 Calls (QZN KT), I’m also seeing similar support levels holding the line for Green Mountain (GMCR – NASDAQ). As a result, let’s also use today’s dip as an opportunity to add to our GMCR November 75 Calls (QGM KO). As you know, we entered these calls yesterday for $4.40, and you can now grab them for $3.80. Let’s lower our cost basis and add to these calls now!
PLAY: Buy more GMCR November 75 Calls (QGM KO) at market, good for the day. Lower your protective stop limit to $2.30 and maintain your sniper sell at $6.60.
And a always…
Lock and load!
Sincerely,
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