Morning chart- F squeeze breakout!

Hello Everyone,

F which is in a squeeze right now is breaking out to the upside,  it has also broken the downtrend line. Car sales recently came out favorably and it carries a 4% dividend.

A moderate IV would suggest a call position or a call debit spread to reduce cost basis on the long option.

Posted to Stock & Option Scout on Feb 05, 2015 — 9:02 AM

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