MOJO Swing Trade Newsletter 12/20 Update NUGT & ARIA

Published: Fri, 12/20/13

Friday December 20, 2013

Here is update - Video being made now for you - will send in next hour after it's made and produced. Nice end to the year!!

NUGT - Model has 2,000 shares both uncovered. The first is 1,000 avg cost $26.25 and the other is $24.30. Going to take profits on half the $24.30 stock and raise stop to $25.00 - last price $25.45.

The other 1,000 at $26.25 - going to sell covered calls. Sell to Open 10 Contracts January $27.00 Strike Price - Premium is $2.40

If the stock is over $27.00 we sell at $2.700 less the $26.25 cost = $750 + we keep the $2,400 Premium(rent) = $3,150 profit

If the Stock at or below $27.00 - we still hold stock 1,000 at $26.25 but we keep the $2,400 and then repeat strategy. MOJO loves covered calls!!

ARIA - That's just special for us. Glad we were involved in this week's biggest winner. Last Price $6.45

Thanks for watching, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com

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