Monday, July 5, 2010

8 Explosive Option Trades

#1 Toro Company Calls

By Sam Collins
The Fourth of July is a great time for a backyard barbeque, but before the family gathers, Dad will want his lawn looking its best. To get the job done like a pro, he'll need his newToro Company (NYSE: TTC) riding mower. Toro is the leading maker of both professional turf and residential yard and snow removal equipment. 
S&P just raised its opinion on the stock to a "buy" from a "hold" with a 12-month target of $57. Technically, despite the general market sell-off, TTC is above its 200-day moving average and is oversold with a trading target of $55. 
Buy the TTC Sept 50 Calls (TTC   100918C00050000) at $3 or less with a target of $6.

1 comment:

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