Bank of Nova Scotia stock was hammered on Tuesday November 4 and today surprisingly the stock managed to stay above the $67.00 value by the close.
Bank of Nova Scotia Stock has had it’s share of problems since the summer months. At one point BNS Stock was above $72.50 and pushing higher. Analysts had strong buy recommendations out on the stock. Since then though the stock has been in a decline. While nothing like oil or gold stocks decline, the drop in BNS Stock still concerns many investors.
But it is these types of difficulties that make for very good option selling opportunities and keep put premiums up.
While many investors were somewhat stunned by the pullback, this allowed for more trades to be entered into.
Here is the latest trade done Nov 5 2014 in BNS Stock.
Bank Of Nova Scotia Stock (BNS) Trade Alert for Nov 5 2014
FullyInformed Canada Members can review the latest BNS Stock trade alert and strategy discussion directly through this link or they can sign in to the full Canada members site here. Non-members can join here or read about the benefits of being a member.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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