I have been trading Clorox Stock since the bear market ended in early 2009. The rumors of a possible take-over which circulated on July 1 have all but evaporated and Clorox Stock now is declining back into proper valuations.
This is typical for any stock which ran up too quickly and on nothing but whispers of an unknown suitor for the company.
I have been trading within Clorox Stock for years now and every year I have enjoyed double-digit annual gains. This year all the rumors have assisted in my earning substantial gains as option premiums stay elevated and the stock volatile. This article looks at today’s trade and the value of scaling into a larger position in Clorox Stock. In includes my trade and discusses other conservative trade ideas which I think offer returns as good as those I am receiving.
Trade Alert and Analysis for Clorox Stock
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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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