Back to Archive

The Volatility Trader
105 W. Monument Street
Baltimore, MD 21201

Action To Take:

Buy the Eastman Kodak (NYSE: EK) July $25 call, EK GE, at $0.50 or better. Your mental trailing stop is $0.35

Buy the Eastman Kodak July $22.50 put, EK SX, at $0.70 or better. You mental trailing stop is $0.45

We had a good return last week. EK looks to be a good play and if it closes below $23 we could have a two dollar ride on the downside.

Stay on top of this one, and please, no hard stops.

READ BEFORE INVESTING – Reminders for Every Trade:

• Don’t cherry pick the list. Do each trade as listed.
• Do equal dollar amounts in each option.
• Follow the stop loss to the letter.
• Stay on top of the emails and follow the instructions to the letter.
• The prices for each option were checked with a broker before I sent them. Use limit orders for all of your buys. If you can’t get them at the recommended price, don’t buy them. I will adjust the buy price as necessary or cancel the recommendation.
• You will be notified by email when to sell.

Good investing.

Steve

If you have any questions, feel free to call one of our VIP Trading Services representatives at 888-570-9830 (toll free) or email: customerservice@mtvernonresearch.com.

Notices