Post EPS Flag in NSC

This topic has 1 reply, 1 voice, and was last updated 9 years, 5 months ago by Steven Place.

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November 25, 2013 at 2:35 pm #2548

Steven Place
Keymaster

Looking for a breakout and a continuation to at least 90.

A true breakout would be a move above 87.90, but I think it’s OK to anticipate a little bit here.

I like buying the Jan 87.50 call for 2.10 or lower with a stop under 85.74.

December 9, 2013 at 9:35 am #2549

Steven Place
Keymaster

Ok NSC broke out and it is now up to 90 per share. This is a good place to roll into a spread.

Sell the Jan 92.50 call for 0.95
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