Prediction based Trade update 17: US market

Please refer to yesterday’s prediction based trade recommendation.

 

IBM May 120 Call option at limit price of $ 3.3. This price was reached with day low of $3.1.currently trading up at premium of $3.8. do not book profits.

 

Buy another lot of the same at premium limit price of  $ 3.1

 

(2) Sell 1 mini $ 5dow futures at current value ( now dow is down about 40 points) at 9.15 pm Indian time )( Note 1 point tick in futures gives a $5 change)

 

Maximum loss $ 70. Protect profits. square off today