New Trade : GMCR

Stock / Symbol: Green Mountain Coffee Roasters / GMCR

Price at trade post: $53.75
Option Strategy: [private_monthly]straddle[/private_monthly]

Reasoning:[private_monthly] While a Straddle is a low probability trade, we agree with the Street that GMCR can move 12% or more on it's earnings announcement. We'll look to close the trade this Thursday, following Wednesday night's report. [/private_monthly]

Trade Details:

BTO 1 GMCR Mar12 52.5 call
BTO 1 GMCR Mar12 52.5 put
for a net debit of $12.50 per contract (day order, limit order)


Cost/Proceeds $1,250.00
Option Requirement $0.00
Total Requirements $1,250.00
Estimated Commission $12.95

Max Risk: $1,250
Max Reward: unlimited
Profit Range: $0 - $40 & $65 + by Mar 16
Suggested Stop @: $52.50 (after earnings announcement on 2/1)


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