By Karim Rahemtulla In yesterday’s Trade of the Day, I wrote about naked put selling. And I showed you how we cashed in on Cisco Systems for a fat 25% gain in a short period of time. We’re doing it again in The War Room, but this time with Freeport-McMoRan (NYSE: FCX).
If you’ve been in The War Room for a while, you know that we’ve taken profits on Freeport-McMoRan already this year. But that was on the call side when we bought long-term equity anticipation securities (LEAPS) options.
“FCX JAN 2020, in @ .33, out @ .66, +100%, on War Room info, thanks Karim!” …read more
