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Daily Long and Short Setup

Recs

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May 13, 2011 – Comments (0) | RELATED TICKERS: TTWO , MU , NFLX

I've been busy this morning closing out a couple of positions, while monitoring a few other breakout plays (follow me on twitter to get them as I find them). So far no new positions, but I did close out my NFLX June 270 Calls at $4.10 from $2.44 resulting in a 68% gain on the premium and 9.1% gain on the underlying asset that I traded. Below are two very nice setups depending on which side of the trading aisle.

LONG: Take-Two Interactive Software (TTWO)

SHORT: Micron Technology (MU)

 

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