Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. They have direct competition with CVS
Pharmacy and have over 173,000 Full Time Employees. During the course of the trading day, I watch over 1,500 trader go across the tape. These are all public orders and I base 90% of my trading on these. Today, a trader bought 5,000 plus WAG 4.11.2014 68 Calls for $.48, so I jumped on board at $.53. Lets breakdown my risk and reward set-ups.
The Trade: Buying the 4.11.2014 68 Calls for for $.3
Risk: $53 per 1 lot
Targets: $.65, $.80 and $1.00
Greeks of this Trade: