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August 8th, 2007 at 12:00 am
Sage
I know Phil likes SBUX and will be doing more spreads trades so I thought you could look at this one for the group.
Buy SBUX Jan 25 at $3.85
Sell SBUX Jan 27.50 at $2.25 Net debit $1.60
Close above $27.50 .90 profit 56.25% Return
If you don’t like told hold back