Alcoa’s earnings were worse than expected and the stock is down 8.6% this morning hovering at $52.00.
Yesterday I indicated I would be setting up trades in the stock after earnings.
Here are the trades so far along with comments on the stock, what I am expecting over the next few weeks and a possible third trade.
The rest of this strategy article on Alcoa Stock is for FullyInformed Members.
Alcoa Stock (AA) Trade Alerts After Earnings – Jan 18 2018
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. You always trade at your own risk. The author assumes no liability for your investment decisions. Read the full disclaimer.