Tomorrow CBS will make a new 52 high again...In the short term, I do not think she will trade higher than mid to high $15 range. Nonetheless, the risk reward strategy favors starting a short position higher than $15.18 for a short term profit with $14.00 as the target.
capt84 how about showing us how you made money off her CBS entry and exit points? You must be trading 25,000 share trades to have made money on her long entry. Now tell us how you made money on her short call. By the way sir I was only a s/sgt.