CASHFLOW: $FIT 5% ROI - READY WITH FAR MONTH CALLS
Updated
IF ONLY THIS 
FIT IS ALREADY IN YOUR PORTFOLIO, THEN PROCEED. OTHERWISE YOU NEED TO WAIT FOR ER.
I already haveFIT in our portfolio, So maybe after ER, I'lll decide to sell far month call.
Possibly, FEB17 13 strike @ $2.55 and close it @ 1.77 which 5% ROI. so you can cover your losses here.
RISK: Enter at your own Risk. Investment mindset differs from person to person. Method may not be suitable for your investment objectives.
DISCLAIMER: I don't provide investment advice, I'm entering the market with my own account.I don't try to accurate in entry, because most of the time I or my client own this stock , so we only look approximate change in trend. It is not necessary you have to do the same.
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FIT IS ALREADY IN YOUR PORTFOLIO, THEN PROCEED. OTHERWISE YOU NEED TO WAIT FOR ER. I already have
FIT in our portfolio, So maybe after ER, I'lll decide to sell far month call.Possibly, FEB17 13 strike @ $2.55 and close it @ 1.77 which 5% ROI. so you can cover your losses here.
- Fundamental are not good for new entry.
- Technically it is going up, around 14.85/14.95, so possible drop, if it closes within the channel.
- Option contracts are good with far month contracts.
RISK: Enter at your own Risk. Investment mindset differs from person to person. Method may not be suitable for your investment objectives.
DISCLAIMER: I don't provide investment advice, I'm entering the market with my own account.I don't try to accurate in entry, because most of the time I or my client own this stock , so we only look approximate change in trend. It is not necessary you have to do the same.
Update status
Trade active
CASHFLOW ON FIT 12.9% FOR THIS MONTH.Sold FEB17 10 @ 6:10
and exiting at $4.25
Still holding the stock.
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