Disclaimer is that tonight I am brutally honest, no Bullshit, frustrated with a family member and excuses NEVER work for me
Trade for this week it is Protective put on FCX
The protective put is a cop out trade because you can be wrong and the downside is %10 or roughly 30% more shares of stock.
Upside is to $20 or 6.65 roughly 42% ROI
If stagnant add a short put below or above the long put strike of 13.50
IF it sounds to good to be true then DAMNIT it is too good to be true
SmartX and others are wolves is sheep skins !!!!!
HI Financial Services Commentary 04-13-2016