|This Trade Was Closed July 25, 2012|
Cancelled this order, sorry didn’t realize earnings were coming up…don’t hold a position over earnings
Original Trade Post:
ERJ is in a decreasing channel over the last several months and is experiencing a slight pull back. I believe it will resume its trek downward.
Underlying entry – 14.3, profit target – 23.4, stop loss – 25.53
- The Ticker: ERJ
- Target Price: 2.4 per share
- The Trade
- Sell to Open Sep 2012 25 Puts at 1.8 or better
- Trade Opened: July 24, 2012
- Trade Closed: July 25, 2012
Chart courtesy Finviz. Click to open larger.
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