Short
Buy Stocks on the Rumor, Sell on the News
Fiat Chrysler to invest 1.5B at Sterling Heights plant
detroitnews.com/story/business/autos/chrysler/2016/07/26/fca-sterling-heights-assembly/87564134/
Buy Stocks on the Rumor, Sell on the News
So looks like channel trading. Lean towards short side more but good options strategy would be great for this type of trade if you know how to trade in this channel choppy side movement trade.
detroitnews.com/story/business/autos/chrysler/2016/07/26/fca-sterling-heights-assembly/87564134/
Buy Stocks on the Rumor, Sell on the News
So looks like channel trading. Lean towards short side more but good options strategy would be great for this type of trade if you know how to trade in this channel choppy side movement trade.
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