ADT OPTIONS | How To Play The Gap Up

Simple Technical Analysis On ADT, Plus This Weeks Options Plays.

With both of these plays, it will be up to you to secure profit. Do not trade this though, you will lose money :)

Long ($16 Breakout):
Premiums will be extremely expensive on the call side, important that we wait for confirmation or else we will get clapped quick from a rip down
The Call:
$12.5 Call 8/21 @ $330 avg

Short ($13.26 Level):
Premiums on the put side are extremely cheap for mainly one reason, the gap up. If played correctly, times like this can provide an amazing day trade opportunity.
The Short:
$7.5 Put 9/18 @ $12

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DotcomJack