Hamzei_Analytics · @HFT_StockOption
16th May 2013 from TwitLonger
May 16, 2013
Allstate (ALL)
Bias: Bullish
Price Target: $52.5
We are bullish on ALL and want to purchase some calls to take advantage of the possible move higher.
We will exit this trade at the $52.5 level or when our calls are 40% in profit from initial entry, whichever comes first. On the downside will look to exit for a loss below $48.80
BUY To OPEN 2 Jul-20 ALL 50 Calls trading at $1.29
ALL is now trading at $50.24
These calls are trading at $1.29
The Total debit of this trade is $2.58
Do not Pay over $1.35 per call
Day order only