Staples, Inc. (SPLS): A $500 Investment in This Office Supply Stock Could Yield a 60% Return

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This trade breaks even at $15 ($10 strike plus $5 options premium). That is about $0.25 above SPLS’ recent price. If shares hit the $18 target, then the call options would have $8 of intrinsic value and deliver a gain of 60%.

Recommended Trade Setup:

— Buy SPLS Jan 2015 10 Calls at $5 or less
— Set stop-loss at $2.50
— Set initial price target at $8 for a potential 60% gain in 16 months

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