Trade Plan: SELL (at market close)
Here is what happened:
(click to expand)
Commentary: Perfect jump. Most thought this was a buy vs a sell. Not us. They did beat on EPS by .02 cents – but were soft on the metrics. We also worked the weekly Put options with a 12.5 strike for a 160% gain. Our Trade Room was full of happy campers on this jumper. Perfect segue into the big Independence Day weekend.
Jump Zone Profit: 11%