Add to GMCR
Buying at Support
PLAY: Buy more GMCR April 95 Calls (O:GMCR 10D95.00) at market, good for the day. Lower your protective stop limit to $1.70 and adjust your sniper sell to $4.90.
Dear Bottarelli Research Member,
When it comes to Green Mountain (GMCR – NASDAQ), you know the drill. In short, we buy the dips at key support levels, and then ride the resulting upside swing. Right now, the stock is making such a dip, which offers us the opportunity to lower our cost basis and add to our GMCR April 95 Calls (O:GMCR 10D95.00). Let’s do this now!
PLAY: Buy more GMCR April 95 Calls (O:GMCR 10D95.00) at market, good for the day. Lower your protective stop limit to $1.30 and adjust your sniper sell to $4.90.
And as always…
Lock and load!
Sincerely,
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