Sears Holdings Corp(SHLD)

We had Sears Holdings Corp(SHLD) on our morning watchlist. Finally looks like it's ready to bouncer after an excessive sell-off. We just alerted that we bought the weekly DEC 45 calls @ .32 .It's a risky trade but think the chart tells the story. Should see $46+ this week and will look to lock in some of the $45s @ .64.

Chart below and happy trading!!

 

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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