Western Union - wiring us profits on bad earnings
On Monday's Live Trading Session with our Premium ETNtrade Members we discussed an opportunity to play Western Union's (WU) earnings with a February 19/20 strangle for $.40. Given the bad news/reaction, we closed out the put for $.90 on Tuesday as the call was worthless.
125% return in 24 hours... not bad at all. If you are interested to learn how we put together these types of spread trades in the options market, check out our "Free Events" tab. It's a great way to get more information about our trading network and our training curriculum.
For the first 2 months of 2012 we are well exceeding our goals, and we plan on keeping our foot on the gas pedal all year long....in a serene way as usual.
~DanTrader 
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