Add To Visa Play
Playing Earnings Catalyst
PLAY: Buy more Visa November 75 Calls (V KO) at market, good for the day. Lower your protective stop limit to $1.10.
Dear Bottarelli Research Member,
Despite today’s market reversal, I want to remain positioned in our upside Visa calls. As you know, we entered the Visa November 75 Calls (V KO) this afternoon for $3.20, just prior to the market’s sudden reversal. Now remember, the catalyst here is Visa’s earnings report tomorrow after the close. Similar to Amazon (which also was trending lower leading up to earnings), Visa traders are attempting to shake out the weak hands. Do not fall for this trick. Rather, let’s lower our cost average by adding to this position now!
PLAY: Buy more Visa November 75 Calls (V KO) at market, good for the day. Lower your protective stop limit to $1.10.
And as always…
Lock and load!
Sincerely,
© 2012 CSR Group, LLC. All rights reserved. Published in USA.
Information, opinion, research, and commentary contained herein is obtained from sources believed to be reliable; their reliability, however, cannot be guaranteed. The maxim of Caveat Emptor applies — let the buyer beware. Bottarelli Research does not provide individual investment advice, act as an investment advisor, or individually advocate the purchase or sale of any security or investment.
Investments recommended in this service should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Bottarelli Research reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscriber’s initials will be used unless express written permission has been granted to the contrary.
CSR Group, LLC expressly forbids its writers from having a financial interest in any security recommended to readers. Furthermore, all employees and agents of CSR Group, LLC and its affiliate companies must wait 24 hours before following a published recommendation.