This Big Name Delivered a Strong Earnings Report ...READ MORE
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 | | This Big Name Delivered a Strong Earnings Report | | | Some companies can only be described as iconic. Tiffany's, for example, opened its first store in 1837. The New York outlet reported $4.98 in sales on its first day. That's about $112 in current dollars and there aren't very many items at that price point in its current stores. [SPONSORED CONTENT] | | | Will Donald Trump Be Your Last President?
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The Tiffany flagship store opened in 1940 at the corner of 57th Street and Fifth Avenue, establishing the area as New York's premier shopping destination. The location became the setting for the 1961 movie, Breakfast at Tiffany's, starring Audrey Hepburn. A café opened in the store two years ago and now anyone can enjoy breakfast at Tiffany's.
The company recently reported earnings and the stock jumped on the news, after initially trading lower. The up trend could continue in the stock and we have a trading strategy that could deliver a triple digit gain based on recent market prices. The strategy also limits risk and the total capital risked on the trade could be less than $150.
Using recent market data, we explain the strategy, which uses options, and explain exactly which options contracts could be used by short term traders in our latest article. The risk and potential rewards are fully explained, and this trade will be open less than one month.
All of this, and more, is in our latest free educational article that is available right here.
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