7DG trade ideas
DG Day Trade Retest Gap (Brad Reed Mar12,2015)DG expected to open at 73.85 for a Retest Gap To learn to trade this strategy for free, go to www.RealLifeTrading.com
Trader takes Over a $1.5 Million Bet in DGDollar General Corporation, a discount retailer, provides merchandise products in the United States. Today we saw a trader buy over 7,000 DG 5.6.2014 55.5 Calls for $2.10. This is one of the biggest orders that I have ever seen in DG, so I knew the stock was going to rip to the upside. So, I decided to jump on board and buy these Calls as well. So, lets breakdown the trade in details.
Institutional Order Flow:
Trader bought 7,000 DG 6.6.2014 55.5 Calls for $2.10
Cash Outlay: $1.42 Million Dollars
Greeks of this Trade:
Delta: Long
Gamma: Long
Theta: Short
Vega: Long
I am LONG these Calls
