News just came out on ATHR that QCOM is going to acquire it for around $45 per share. This would be a great candidate for an Iron Condor trade if it is set up within the next few days. This stock should stay right around $45 until the acquisition is complete. You can profit from the price not moving for the next few weeks. If you don't know how to do this trade, contact me about taking the Advanced Option Strategies course (Course 2). You can reach me at jerry@myoptionmagic.com. Unless the agreement falls through, this trade should be easy money. I'm looking at the January 39, 40, 50, and 55 strikes for a return of around 6% for just over 2 weeks. Not a huge return, but a high probability return.
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