$HLF Next?

trade-idea

I bought $HLF $79 puts today at $1.00 and sold at $2.20 for over a quick double. I have no position in the stock at the moment, but I will be looking for some puts as the week comes to a close.

Next week's $75 puts closed at $1.00. I'm hoping for a rally early Thursday for $HLF, and then a drop that will be a guilt-by-association type trade. I think $NUS will plummet under $100 and that it will drag $HLF right down with it.

hlf666

Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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