call / short position on MTN

Updated

I have been watching , and it looks like it is on one the longest rallying in the history of the stock. It may still have room to grow. I would advise buying some call options that are the closest to the price or buying a few amount of call options furthest from the price. To offset the option I would short the position, and continue to hold the short until the stock falls. Then cover the short when the stock starts to rise.

Note

Plus the volume shows that many people are selling the stock even though it begins to rise. The company is somewhat profitable on the balance sheet sides but.

Note

The information given in this document is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of July 24, 2017, and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by Diego Alvarez to be reliable, and are not necessarily all inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Diego Alvarez. This material may contain ‘forward-looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, or any investment strategy nor shall any securities be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. This disclaimer informs readers that the views, thoughts, and opinions expressed in the text belong solely to the author, and not necessarily to the author’s employer, organization, committee or other group or individual. This account has no communication, insight, or affiliation with Provectus Capital.

DiegoDA

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