Trade Alert – Lock in Linkedln
Looking at the portfolio and earnings calendar, I see that Linkedln reports tonight and I am buying a few puts to hedge my long LNKD common stock position. I’m buying August 2013 puts with strike prices of $210 and $215. I’m paying $13.50 for the $210’s and $17.00 for the $215’s.
Don’t forget today’s live Q&A chat at 2pm Eastern at http://tradingwithcody.com/chat. Be there or be square.