$QCOR – 3 days ago, chart below was posted for earnings play, along with the current fundamentals and explanation as to why we at FloodCityTrades were LONG QCOR above $50.63.
The next day we got confirmation, which trigger buy of Aug17 50C’s @ 4.3 cost basis.
Currently, we are sitting on 300% profits (4.3 -> 17.00) and holding 1/3 original position with a tight stop to lock in another 250% profits.
We encourage you to check back frequently for similar options play 🙂
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