Hamzei_Analytics · @HFT_StockOption
22nd Apr 2013 from TwitLonger
April 22, 2013
ARM Holdings (ARMH)
Bias: Bullish
Price Target: $43-45
We are bullish on ARMH and want to purchase a backspread to take advantage of the possible move higher.
SELL To OPEN 3 May-18 ARMH 40 Calls trading at $1.70
BUY To OPEN 6 May-18 ARMH 41 Calls trading at $1.25
ARMH is now trading at $39.96
This spread is now trading at $0.75
The Total Debit of this trade is $2.25
Do not pay over $0.85 per spread
Day Order Only