Bank of Montreal stock trades under the same symbol, BMO on both New York and the Toronto Stock Exchange. I only trade it in Toronto to keep the trade in Canadian dollars and because the options are priced in smaller increments making it far easier to trade and to rescue or repair trades. Bank of Montreal has been turning out exceptional profits for the past few quarters and the decline yesterday continued today in the stock. I believe the decline is overdone at the present time. I explained in my trades yesterday, that I would be entering another trade shortly. The decline in the stock today has allowed for two more trades to be entered today.
Today’s trades complete this cycle for my trading in Bank of Montreal Stock.
Bank Of Montreal Trade Alert
I did 2 trades today after setting up the trades yesterday. Part of this trade has been placed in my TFSA.
FullyInformed Canada Members can can read the Bank of Montreal Stock (BMO) trade alert and strategy outline directly through this link or Canada Members can sign in to the full members site here. Non-members can join here.
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.