Sweet 16 Option Trades

The Options Trader’s Guide to Technical Analysis

#4 AKS April 28 Calls

By Chris Johnson, Winning Edge

AK Steel (AKS), among other steel and basic materials companies,
has been in a holding pattern as the global economic slowdown has affected their output and prices. But we are now headed into a time when many people
are expecting to see an increase in production among industrial companies. AKS is positioned to provide their specialty steels at competitive pricing
as the company has spent the last two years getting “lean and mean.”

I think this hometown company (I’m based in Cincinnati) will score big through the NCAA tournament and the rest of 2010.

My pick is the AKS April 28 Calls (AKS   100417C00028000).

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