Looking for a Multi-Week Swing Trade

After pausing last night with its price action, Home Away (AWAY) came through nicely this morning. The March $45 calls surged almost 70% from entry and the April/February call calendar spreads more than doubled.

This strong move after a strong report was more than enough to offset the aggressive put play on Life Time Fitness (LTM), whose shares are trading higher despite the slightly weaker guidance management gave for the next year. A move higher even after a report that is less-than-stellar is always a possibility when dealing with big short interest names. I have closed out my positions in both names....169 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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