Trade Alert

Good afternoon team.

During the live session today we picked up a couple trades.

1.  NKE is making a nice move off of support today.  Keep in mind the overall market is a bit funky so decide carefully if you want to enter any new positions.  Consider buying the NKE APR 65 Calls.  The initial stop is $65.95 but it could be tightened up after the close today.

2.  This trade is setup with a 3-chart because TBT tends to gap just about every day so we slowed down the price action with the 3-day.  Consider the MAR 35 Calls with the thought of a quick trade in mind.  The Initial Stop is $35.00.  Because TBT tends to gap if it gaps up either move your stop to lock in some gains or simply take the trade off and bank the profit.

Doug

Remember all trade ideas are for your evaluation and consideration.

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