|
TD Ameritrade (AMTD): A Stable and Consistent Player
Several analysts have a bullish outlook for TD Ameritrade, here are two of them: TD Ameritrade Rating Reiterated by Goldman Sachs Group and TD Ameritrade PT Raised to $61.00
____________ advertisment ______________
Yours Free: 7 Best Stocks for the Next 30 Days
Each of these 7 stocks has just been rated a #1 "Strong Buy" by Zacks Investment Research and each one is poised to breakout immediately. Zacks' Strong Buys have beaten the S&P 500 2 to 1 over the last 25 years! Get the list, free, today only.
______________________________________
Technicals
AMTD faced some volatile price action in February as the global equity markets fell under pressure and broadly corrected lower. In the past week, AMTD broke to a fresh 19 year high prior to pulling back. The bullish break is suggesting the stock has resumed higher within its broader uptrend while the pullback offers an entry point against support from the 20-period daily moving average.
*source Tradingview.com
If you agree there's further upside ahead for TD Ameritrade, consider this trade which is a bet that the stock will continue to advance over the next five weeks, or at least not decline very much.
Buy To Open AMTD 6APR18 54.5 Puts (AMTD180406P54.5)
Sell To Open AMTD 6APR18 57.5 Puts (AMTD180406P57.5) for a credit of $0.98 (selling a vertical)
This price was $0.02 less than the mid-point of the option spread when AMTD was trading near $57.50. Unless the stock rallies quickly from here, you should be able to get close to this amount.
If you use our favorite broker for this trade, tastyworks, your commission on this trade will only be $1 per opening contract ($2 per spread) (and there is no commission on closing trades, only the $.10 clearing fee). Each contract would then yield $0.96 and your broker would charge a $210 maintenance fee, making your investment $110 ($206 – $96). If AMTD closes at any price above $57.50 on April 6, both options would expire worthless, and your return on the spread would be 52% (597% annualized).
____________ advertisment ______________
$1 Weed Stock Ready to IPO: Access YOUR IPO Shares Right Now
Marijuana is 100% legal in Canada. And a tiny group of companies have exclusive licenses -- allowing them to produce weed and literally print profits.
My #1 pick is still private. It's expected to go public in an IPO on March 28th. And I'd like to give you 100% access to this deal. Click here for instant access.
______________________________________
Changes to Investor’s Business Daily (IBD) Top 50 This Week:
We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run. Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.
As with all investments, you should only make option trades with money that you can truly afford to lose.
Happy trading,
Terry
____________ advertisment ______________
Give Me 9 Minutes a Week and I Guarantee You $67,548 a Year
Master trader Jim Fink trades the market for extra cash... and averages $185 per day. $185.06 to be exact. That adds up to $67,548 per year, and if you follow his strategy, you can do the same thing yourself. Why not? All it takes is nine minutes a week. And you don't have to invest a dime up front.
Go here to see if this $67,548-a-year system is for you.
______________________________________
Any questions? I would love to hear from you by email (terry@terrystips.com), or if you would like to talk to our guy Seth, give him a jingle at 800-803-4595 and either ask him your question(s) or give him your thoughts. seth@terrystips.com
You can see every trade made in the actual option portfolios conducted at Terry’s Tips and learn all about the wonderful world of options by subscribing here. Why wait any longer to make this important investment in yourself?
I look forward to having you on board, and to prospering with you.
Terry
|
