partyjumpman

MA Bear Call Spread - 13-15% return

NYSE:MA   MASTERCARD INCORPORATED
Master Card has traded to what appears to be rolling back at same trend line as it has done several times in the past. Earnings didnt produce mush of a move. MA is definitely consolidating. I like the 98/99 BCS             exp             8-19 for about 13-15% limit at this time. I wont even look at this trade unless MA closes about 97---
Comment: Still needs to close above 97 , before I sweat it. could roll down here!
Comment: 8/20/16 Winner= expired worthless 14% return !in 2 weeks
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