Fortis Stock (FTS) Trade Alert for Nov 23 2016

Fortis Stock FTS

One stock that I have traded for many years on the TSX Composite Index is Fortis Stock. It trades on the TSX under the symbol FTS.

Fortis Stock also trades on New York under the same symbol, FTS. I trade it on the TSX Composite Index in Canadian dollars. On New York options are in $5.00 increments and are not very liquid making option trading difficult. On the TSX Composite Index they trade monthly and in $2.00 increments. There is enough volume to make trading them worthwhile.

Fortis Stock Trade

Today’s trade is an add-on to a trade done earlier this month. This article outlines the plan for both trades and how these trades will be handled in upcoming weeks.

 The rest of this Fortis Stock article is for FullyInformed Members.

Fortis Stock Trade Alert – Nov 23 2016



Further Reading Links

Understanding The Market Direction Portfolio – Good Place To Start – members only

Market Direction Portfolio Articles Listing – members only

Market Direction Portfolio Trades for 2013 – members only

Market Direction Portfolio Trades for 2012 – members only

Profiting From Understanding Market Direction (Articles Index)

Market Timing Articles Index

How I Use Market Timing

Understanding Short-Term Signals

Various Market Timing Systems

 


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.