(EXAS)/ New Trade (FOSL) for 8/12/2014 – Momentum Stock Options
MomentumOptionsTrading.com Profit Alert (EXAS)/ New Trade (FOSL) for 8/12/2014
3:00 p.m. (EST)
Shares of Exact Sciences (EXAS, $17.37, up $0.28) have been slipping since this morning’s opening pop past $19.
I took advantage of the short-term move to lock in massive half profits on the surge and set Stop Limits on the other halves to protect profits.
While I was expecting shares to make a run past $20, the suit-and-ties read my opening bid to make 200%. They have been trying to cut into the gains ever since despite a ground-breaking DNA test that will help detect early colon cancer.
No worries. I always try to stay a step ahead of them in an ever ending chess battle.
Biotech stocks can change quicker than the winds at Wrigley Field so I made sure the trades would still make triple-digits if shares continued their pullback on a pop-and-drop. The call options made 107% and 113%, respectively, in 4 days.
The closed trades gave me room to add a New Trade for today so let’s get on it. Subscribers, hit the Members Area for the updates!
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(EXAS)/ New Trade (FOSL) for 8/12/2014 – Momentum Stock Options
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