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Thursday
Jan072010

Helen of Troy (HELE) Call Trade $HELE

HELE dropped from $25 to $23 on 1/6/2010. We tried to buy 1,000 HELE Jan $25 Calls but got only a fraction of this quantity. The stock rallied to $24.40 today. Earnings will be announced on Monday 1/11/2010. We expect (or hope) the stock to finally breakout on the upside. What do think? Any other stocks setting up like HELE?
Larger Image with explanation of the trade: http://bit.ly/75iEKu

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