PLAY: Buy the SODA November 32.50 Calls (O:SODA 11K32.50) at or under $5.10 (or best price), good for the day. Place a protective stop limit at $2.30 and a pre-determined sniper sell at $7.70.
Dear Bottarelli Research Member,
With the markets exceptionally screwy right now (as exhibited by yesterday’s 200-point reversal in the last 30 minutes of trading), let’s stick with the companies that have trading ranges that we’re familiar with.
After a very timely addition to our AAPL October 380 Calls (O:AAPL 11J380.00), all we need is one final upside pop and we’ll be positioned to exit with profits. It might take a day or two for all the carry-over effect from yesterday’s volatile, intra-day trading to settle out. But when it does, we’ll be ready to sell into any pops. More to come.
In the meantime, let’s once again board the train on SODA. As we mentioned earlier, we’re playing calls on companies that are positioned to aggressively pop on market strength or support. As you saw from yesterday’s late-session rally, SODA still has a lot of pent-up fizz working for it. Therefore, let’s stay on this one for as long as possible. Reload your calls now!
PLAY: Buy the SODA November 32.50 Calls (O:SODA 11K32.50) at or under $5.10 (or best price), good for the day. Place a protective stop limit at $2.30 and a pre-determined sniper sell at $7.70.
And as always…
Lock and load!
Sincerely,
