Did Your Trades Return 300% Overnight; Ours Did (BRCD)
Benzinga’s recently released Benzinga’s Options & Volatility Edge issued a trade report yesterday on Brocade Communications Systems Inc. (NASDAQ: BRCD) that suggested traders go long the stock via an options risk reversal.
With the stock higher by over 4% today, that trade returned our subscribers 300%. Not bad for 12 hours of “work.”
Benzinga’s Options & Volatility Edge, run by Benzinga.com’s Chief Options Strategist, Michael J. Zerinskas, scours hundreds of stocks daily for options setups that give our subscribers and traders edge. By taking advantage of volatility skew, Mr. Zerinskas structures trades that have a much higher chance of profitability, less ways to lose, and more ways to make significantly more money than simple stock/options purchases.
For more information please visit… Benzinga’s Options & Volatility Edge and Benzinga’s Cash Generator.
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Posted-In: Benzinga.comLong Ideas Technicals Options Movers Tech Trading Ideas