Breakout in BA Home › Forums › Swing Trades › Breakout in BA This topic has 2 replies, 1 voice, and was last updated 9 years ago by Steven Place. Viewing 3 posts - 1 through 3 (of 3 total) Author Posts May 6, 2014 at 8:35 am #2462 Steven PlaceKeymaster Simple breakout trade in BA. Trade: Long Jun 135/140 bull call spread for 1.05 or lower Stop: 127.78 Adjustments: If we breakout quickly to 135, we will roll this trade into a butterfly spread. May 14, 2014 at 8:34 am #2464 Steven PlaceKeymaster BA Has hit it’s 2nd st dev bollinger band twice in a row, so it’s a touch overbought. Sell 50% size at 1.50 or higher. Will look to rebuy on a pullback. May 28, 2014 at 8:58 am #2463 Steven PlaceKeymaster Sell the second half of the trade at 1.56. Theta risk is coming in and the stock just isn’t moving like it needs too. If it pulls back to its 20 day moving average I’ll look at July call spreads. Author Posts Viewing 3 posts - 1 through 3 (of 3 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In