Trade Alert and Outline of Bristol-Myers Squibb Stock (BMY) June 9 2014

A new trade today in Bristol-Myers Squibb Stock. BMY has provided some exceptional returns this year. My last trade was a naked put for June 21 expiry at $46 and stock which I sold for a reasonable return in May. The stock though continues to remain under pressure and the decline has broken through some key support levels. Nonetheless I like the stock and today I entered into a combination trade and have two other trades sitting with offers open.

Here are the trade strategies I like for BMY Stock at present. In this write-up I have used the weekly wanderer strategy to assist in pinpointing some entry levels and a variety of trade ideas.

BMY Stock Trade Alert Details

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