International Paper Co. (IP)

What to short: IP

How much to short: 169 shares (based on a hypothetical $10,000 portfolio and risking 3% on the trade)

Current Price: $9.12

When to cover at a loss: Based on the stocks volatility, my method says to place a buy stop at $10.88

When to cover at a profit: After a close above the 50dma


(Like all my posts, this post is for informational and record keeping purposes. It is not a recommendation to buy or sell any security)