FCX Call Entry

Buying 50 March 35 calls on FCX for 1.49.  The stock looks to be closing over the 7 dma on a nice bullish continuation pattern.  Last month, I got a 40% gain on some FCX calls and FCX still shows signs of wanting to move up to 38.  I will look to use today’s lows as a stopping point.

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Posted on February 12, 2013, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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