Hamzei_Analytics · @HFT_StockOption
16th May 2013 from TwitLonger
May 16, 2013
Vodafone (VOD)
Bias: Bullish
Price Target: $32
We are bullish on VOD and want to purchase a call backspread to take advantage of the possible move higher.
SELL To OPEN 4 Jun-22 30 Calls trading at $0.90
BUY To OPEN 16 Jun-22 31 Calls trading at $0.45
VOD is now trading at $30.24
This spread is now trading at $0.90
The Total Cost of this trade is $3.60
Do not pay over $1 per spread.