Schwab Network

Options Corner: STX Surge


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Tom White joins Morning Movers with his eyes on Seagate (STX). Shares of the memory-maker have catapulted to all-time highs this week with shares up 30% just this month alone. Later, Tom looks at a bullish example options trade taking into account the company's upcoming earnings report. He demonstrates a put vertical strategy and explains the reasons why it has a more passive stance.


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