ADT OPTIONS | How To Play The Gap Up

Simple Technical Analysis On ADT , Plus This Weeks Options Plays.

With both of these plays, it will be up to you to secure profit. Do not trade this though, you will lose money :)

Long ($16 Breakout):
Premiums will be extremely expensive on the call side, important that we wait for confirmation or else we will get clapped quick from a rip down
The Call:
$12.5 Call 8/21 @ $330 avg

Short ($13.26 Level):
Premiums on the put side are extremely cheap for mainly one reason, the gap up. If played correctly, times like this can provide an amazing day trade opportunity.
The Short:
$7.5 Put 9/18 @ $12

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DotcomJack