I can guarantee this trade is a winning trade. Why am I able to do that?
It's because I can see the 5 to 10 day out target price.
I've studied 1000's of Bollinger Bands, and ICE's middle band is in the $63-$64 area.
ICE has never failed to reach it's middle band, the past 5 months.
Now the only trick here, is to get the best entry price.
Click to enlarge the chart, as I have written the details of the trade on the chart itself.
I like the ICE FEB 50 call, or the MAR 40 call.
If you are a Pro at options, then Play the ICE FEB 60 call. That's the call I'm playing.
Tuesday, January 20, 2009
ICE by guest investment writer zstock
Posted by zstock7.com at 10:20 PM