We are adding the following April recommendation to our Portfolio #1.
We are recommending a credit spread in the following issue.
GRPN - Groupon, Inc. operates an e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally. It offers deals in 140 various types of businesses, including health and beauty, food and drink, activities, events, services, and retail. The company sends daily emails to its subscribers regarding discounted offers for goods and services that are targeted by location and personal preferences. Consumers also would access its deals directly through the companyÂ’s Website and mobile application. The company was founded in 2008 and is headquartered in Chicago, Illinois.
We are recommending the following specific credit spread.
Call Credit spreads = Bearish call spreads.
We are keeping the additional recommendations light tonight as we want to see how
the market reacts to the beginning of the 2nd quarter and the beginning of earnings season.
Additionally, in just 2 weeks, the May recommendations will be starting.